532 Main Street, Powassan, ON

$600,000
MLS#:X12594900
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0 beds
0 baths
Commercial
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Property no longer active

This property was sold on May 29, 2026. This listing is for reference purposes only. to view the sold price.

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Added:Dec 2, 2025(274 days ago)
Updated:May 29, 2026(96 days ago)
Last Checked:4 minutes ago

Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Powassan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $600,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 80 x 167 ft lot size
  • equipped with yes central cooling and highly efficient gas hot water heating

Description

21 room, 3 storey multi-residential property plus rear house on ~15,000 SF lot. The property is currently vacant. Formerly served as a care facility with 48 bed capacity. The property features a commercial kitchen, communal dining room, entertainment areas, 6 washrooms, multiple offices and on-site laundry. The rear house is partially finished. Sold as-is, where is.

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Property Summary

This investment located at 532 Main Street, Powassan is currently for sale and has been available on SousaSells for 274 days. This property is listed at $600,000 with an estimated mortgage of $1,997* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 532 Main Street, Powassan is in the Powassan neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Powassan, Powassan.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Investment architecture in Powassan, Powassan
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusSold Conditional
Sold price information is available to members only
AddedDec 2, 2025 (274 days ago)
UpdatedMay 29, 2026 (96 days ago)
Last Checked4 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size80 × 167 Feet
CountyParry Sound
Annual Tax$2,569
Legal DescriptionPT LTS 7 & 8 BLK E PL 44, PT STATION GROUNDS PL 44, PT 3, 42R19599 MUNICIPALITY OF POWASSAN

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Hot Water
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 532 Main Street, Powassan, ON

Q.What is the asking price for 532 Main Street, Powassan, ON ?

The current listing price for 532 Main Street, Powassan, ON in Powassan, Powassan is $600,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 532 Main Street, Powassan, ON ?

532 Main Street, Powassan, ON is a Investment () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

Location

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532 Main Street, Powassan, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Powassan, Powassan

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 532 Main Street, Powassan, ON P0H 1Z0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Powassan.

Configure Loan Settings

Interest Rate4.00%
Down Payment$180,000 (30.0%)
* Minimum Canadian down payment required for this price is $35,000.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $420,000 over 30 years.
Purchase Price$600,000
Loan Amount$420,000
Provincial Land Transfer Tax:$8,475
Total Estimated Closing Taxes:$8,475

About Purchasing a Home in Powassan, ON

For a property listed at $600,000 in Powassan, the legal minimum down payment is $35,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,475 for this transaction. As this listing is in Powassan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,475.

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Powassan, Powassan Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Powassan, Powassan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$523,261

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Powassan, Powassan

Elementary Schools

Mapleridge
Public171 Edward Street, Powassan, Ontario, P0H 1Z0
4.3

Secondary Schools

No secondary schools data loaded.

Powassan, Powassan Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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