The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Prime downtown Mitchell investment opportunity! Whether you're an investor looking for steady rental income or a business owner wanting to own rather than lease, this exceptionally well-maintained commercial property offers outstanding flexibility and value.The main floor features a professional, move-in ready commercial space with a versatile layout that can accommodate up to six private offices, including an executive office or collaborative workspace. A convenient roll-up overhead door opens to a warehouse/storage area, making the property ideal for retail, professional services, contractors, trades, light industrial, or distribution businesses. A second-floor mezzanine provides additional storage or workspace, adding even more functionality.Adding to the property's appeal is a leased residential apartment on the upper level, providing immediate rental income to help offset ownership costs while enhancing the property's long-term investment potential. Whether you choose to continue leasing the commercial space, operate your own business from the main floor, or work just steps from home, this property offers exceptional versatility.Located in the heart of downtown Mitchell, you'll benefit from excellent visibility, easy access, and a thriving small-town business community. The building has been exceptionally well cared for and is in excellent condition, allowing the next owner to move in with confidence and focus on growing their business or investment portfolio.A rare opportunity to own a quality mixed-use building in one of Perth County's most welcoming communities-offering commercial space, residential income, and endless possibilities under one roof.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,104/mo
Mortgage (principal + interest)$1,852
Property taxFrom listing: $3,024/yr$252
Minimum $24,750 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$99,000
Ontario land transfer taxProvincial brackets, no first-time refund$6,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$108,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. West Perth has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
