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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 27 days

    7182 Highway 21

    Arran-Elderslie·Arran-Elderslie, ON·N0H 1A0·Near Elsinore Road

    • 5 baths
    Arran-Elderslie real estate›X13247106
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Rare opportunity: well-maintained commercial property totaling approx. 6,000 sq ft of flexible space-showroom, offices, meeting rooms, kitchenette and organized storage systems-easily reconfigured to suit a wide range of business uses. The site features three bays. 2 drive-in bays, 1 Dock- leveler- large enough to accommodate a transport truck. Plus high-visibility highway frontage in a central location with 35+ years of proven successfull business being operated to the Grey and Bruce County area. Also included is a 1,760 sq ft residence with an open-concept lower level, three bedrooms and three bathrooms-perfect for an owner/operator who wants to live on site or for added rental income. This property presents a rare opportunity to expand your investment portfolio or operate your business from a proven, flexible location,with a highly adaptable commercial facility. As a bonus, the Microfit Solar system adds approximate $7000 per year in income. Building only. Business is not for sale.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 5, 2026Previously listedSc$1,100,000 —X13250094View
    Jun 1, 2026ListedCurrentFor sale$1,100,000 —X13247106This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 7182 Highway 21
    What's nearby

    Points of interest classified by the MLS® feed.

    • Major Highway
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,404
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $317
    0.35% mill rate · ON
    The market

    How this home sits in the Arran-Elderslie market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Arran-Elderslie market right now

    Average sold price, days on market, and closed-transaction count for Arran-Elderslie — sourced from MLS®.

    • Avg sold price
      $641,619
      Last 30 days
    • Median sold price
      $513,500
      Middle of the market
    • Days on market
      48 d
      Avg from list to close
    • Closed last 30d
      16
      MLS® transactions
    Full Arran-Elderslie market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 7182 Highway 21 — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 7182 Highway 21 and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 7182 Highway 21 listed for?

      7182 Highway 21 is listed at $1,100,000 on the MLS® (listing X13247106). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 7182 Highway 21 have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 19946 sqft
  2. Commercial Retail
  3. Built 51-99
  4. Asking
    $1,100,000
    $55 / sqft · MLS® X13247106
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $641,619
    $590,289Confidence range$692,949
    Asking vs estimate
    ↑↑well-above
    +$458,381
    (+71.4%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Arran-Elderslie sell in about 48 days — this one has been listed 27 days.

    Avg sold price
    $641,619
    Median sold
    $513,500
    Avg days on market
    48
    Recently sold
    16
    See comparable sales
    As a bonus, the Microfit Solar system adds approximate $7000 per year in income.
  6. Business is not for sale.
  7. Ask Zara a follow-up
    Sanitary
  8. Parking & garage

    3
    Garage
    Covered
    Parking spaces
    12
    Driveway
    12
  9. Interior

    2
    Elevator
    None
    Accessibility
    N
  10. Lot & land

    2
    Year built
    51-99
    Zoning
    A2
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Highway Commercial
    Property class
    Commercial Retail
  12. Combined estimate
    $5,721
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,404
    /mo
    based on the purchase price of $1,100,000
    $220,000 cash
    $880,000 financed
    $741,191 total interest
    Monthly payment$5,404/ month
    Principal54%$880,000
    Interest46%$741,191

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of Sutton-Sound Realty · displayed on Summitly per MLS® data-share rules

    7182 Highway 21 is a 5-bath, 19946 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 7182 Highway 21 built?

    7182 Highway 21 was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 7182 Highway 21?

    The 'Property tax' tab in the History section shows the most recent annual tax for 7182 Highway 21 plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 7182 Highway 21?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,100,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 7182 Highway 21 been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 7182 Highway 21 with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 7182 Highway 21 in?

    7182 Highway 21 is in Arran-Elderslie, Arran-Elderslie. The 'Neighbourhood' section below links to the live Arran-Elderslie real estate hub with average sold price, days on market, and current inventory.

  22. Is Arran-Elderslie a good place to live?

    Arran-Elderslie is one of ON's actively-tracked Summitly markets. The full Arran-Elderslie real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.