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Commercial Property in Malahide
About 51117 Ron McNeil Line
Opportunity meets flexibility at this prominent corner property at Ron McNeil Line and McIntosh Street. With very low commercial property taxes, flexible C1 zoning, excellent exposure and plenty of on-site parking, this mixed-use property presents a unique opportunity for investors, entrepreneurs, owner-occupiers and developers alike.Currently configured with one commercial unit and two residential units, the property offers multiple income streams and plenty of possibilities. The commercial space was formerly home to a successful, long-standing 92-seat restaurant, with the most recent commercial tenant operating a pizza restaurant, making it well suited for another hospitality concept or one of the many other uses permitted under C1 zoning. The two residential units currently generate $1,750 and $2,300 per month.For an entrepreneur, this could be an ideal opportunity to own the building, operate your business, live on-site and have rental income help offset your mortgage and carrying costs. For an investor or developer, the combination of existing residential income, **exceptionally low commercial taxes**, prominent corner location and potential to further develop or reposition the site creates compelling long-term upside.Additional features include a detached triple-car garage, two furnaces, two separate meters and ample parking. Whether you're looking for an investment, a home for your business, a live/work opportunity or a property with future development potential, this versatile site offers plenty of ways to make it work.
Malahide retail priced at $599,000 — book a tour to see if it fits your search.
Inside 51117 Ron McNeil Line
Every detail from the listing, in one place.
Type
Retail
Lot size
138.68 x 640.207 sq ft
Features & systems
Lot & land
Lot dimensions
138.68 x 64
Lot size (sqft)
0.207
Lot features
Irregular Lot
Listing & possession
Property class
Commercial Retail
51117 Ron McNeil Line Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14142402$599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 51117 Ron McNeil Line Compares to the Malahide Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 51117 Ron McNeil Line
Homes for sale in Malahide
Every active Malahide MLS® listing, updated all day.
Average days on market54Homes sold in about 54 days on average.
Sale-to-list ratio98.2%On average, homes sold below asking.
Active listings38Homes for sale here right now.
Median vs prior 90 days−1.4%Compared with May 7 – Aug 5, 2026: prices down.
Based on 32 sales from Aug 5 – Nov 3, 2026 (30 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 51117 Ron McNeil Line
How much is 51117 Ron McNeil Line listed for?
51117 Ron McNeil Line is listed at $599,000 (MLS® X14142402). Summitly updates the price as soon as the MLS® record changes.
Has the price of 51117 Ron McNeil Line changed?
No — 51117 Ron McNeil Line is still listed at its original asking price of $599,000.
How many bedrooms and bathrooms does 51117 Ron McNeil Line have?
The listing for 51117 Ron McNeil Line doesn't publish its bedroom and bathroom count. It is a commercial property in Malahide.
How does 51117 Ron McNeil Line compare with other homes in Malahide?
Its asking price of $599,000 is about 11% below the median sold price in Malahide over the last 90 days, $670,500, across 32 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 51117 Ron McNeil Line been sold before?
Summitly has no earlier MLS® sale or lease of 51117 Ron McNeil Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 51117 Ron McNeil Line?
51117 Ron McNeil Line is in Malahide, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 51117 Ron McNeil Line been on the market?
51117 Ron McNeil Line was listed today (November 3, 2026).
What is the lot size of 51117 Ron McNeil Line?
The lot measures 138.68 × 64, as published in the listing.
What is the land transfer tax on 51117 Ron McNeil Line?
About $8,455 in Ontario land transfer tax at the asking price of $599,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 51117 Ron McNeil Line or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 51117 Ron McNeil Line?
The listing for 51117 Ron McNeil Line doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Malahide.
When was 51117 Ron McNeil Line built?
The listing for 51117 Ron McNeil Line doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.