For Sale Business

490 Main Street

$435,000 Est. $1,926/mo ↓

North Dundas, Ontario K0C 2K0

1,200 sqft Interior
1200 Ac Lot size
62 days ago Listed
Virtual tour None Forced Air Acreage

About this home

This is an exceptional investment opportunity in the heart of the growing community of Winchester! This versatile mixed-use commercial building offers multiple income streams and outstanding future potential. Currently, one commercial unit is leased to a busy, well-established barbershop, providing immediate rental income. A second main-floor commercial space offers excellent flexibility and could easily be separated from the upper level. With the addition of a bathroom, it would make an ideal retail storefront, professional office, or service-based business.The upper level features a bright two-bedroom apartment with its own private exterior entrance and with some work, would create an attractive residential rental opportunity or owner-occupied option. With fantastic frontage on Main Street and excellent visibility and exposure, this property is well positioned to benefit from Winchester's continued growth and demand for both commercial and residential space. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a property with built-in income and future upside, this is an opportunity you won't want to miss! (id:28469)

Facts & features

Property

MLS® Number
X13494104
Property Type
Business
Community Name
706 - Winchester

Building

Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
1200 Sqft
Size Interior
1,200 Sqft
Utility Water
Municipal Water

Land

Acreage
Yes
Size Depth
141 Ft
Size Frontage
31 Ft ,6 In
Size Irregular
1200
Size Total
1200 Ac
Size Total Text
1200 Ac
Zoning Description
Commercial

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$1,926/mo
Ontario land transfer tax
$5,175 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Winchester market

10 Active listings
$484,450 Median asking price
10% below median This home
51 days Avg. time on market
Browse all Winchester listings →

Location

490 Main Street, North Dundas, Ontario K0C 2K0  ·  Get directions

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