1115 BAIE STREET
Cornerstone · N0E1M0
$1,295,000
About this residence
Lots of opportunity here! Mixed use commercial property in the lakeside community of Port Rowan. High visibility location with lots of traffic. Two units on the main floor, the larger one (approx. 2200 sq ft) currently owner occupied with a section subleased, and the smaller unit (approx. 450 sq ft) currently leased for a Service Ontario office. One finished and occupied two bedroom apartment on the second floor. And two additional two bedroom apartments nearing completion (construction scheduled for completion in June). Property has paved parking in the front and a large gravel parking area at the rear that could be used for storage. Zoned Service Commercial which provides for a wide range of uses. Ideal for an owner operator. Operate your business and have your tenants pay the mortgage. The large main floor unit features a large show room / retail / work area (48' by 34.5') complete with front and rear roll doors and a ceiling height of 14 feet. Lots of renovations and improvements at this property over the last number of years. (id:61366)
Property details
- Property type
- Other
- Style
- Residential Commercial Mix
- Ownership
- Freehold
- Storeys
- 2
- Living area
- 6,016 sq ft
- Lot size
- 0.81
- Frontage
- 150 feet
- Annual tax
- $5,930
- MLS®
- 40816788
- Board
- Cornerstone
- Status
- Inactive
- Listed
- Apr 17, 2026
- Updated
- Jun 2, 2026
Features & finishes
Exterior
- Concrete
- Metal
Sewer & Utilities
- Municipal sewage system
- Electricity
- Natural Gas
Community
- High Traffic Area
Financing
Estimated monthly payment
$6,056/mo
Loan amount
$1,036,000
Down payment
$259,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · N0E- 36,557
- Population
- 46
- Median age
- $92,000
- Median income
- $600,000
- Median home value
- 87%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1115 BAIE STREET?
1115 BAIE STREET is listed for $1,295,000, in Cornerstone.
What type of home is 1115 BAIE STREET?
1115 BAIE STREET is a Other, Residential Commercial Mix set over 2 storeys.
How large is 1115 BAIE STREET?
The home offers approximately 6,016 sq ft of living space on a lot measuring 0.81.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $6,056. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,930 per year.
What is the Cornerstone area like?
Cornerstone has a population of about 36,557, a median age of 46, a 87% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $92,000.
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