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.
INVEST TODAY. BUILD YOUR VISION FOR TOMORROW. Here's an opportunity to own a standout commercial property in the heart of downtown Southampton-currently leased to an established tenant on a 3-year lease, providing immediate income and a solid ROI while you plan your next move. Situated in Southampton's bustling main street commercial district, this property puts you right in the middle of the action, where the community's "Walk Store to Shore!" lifestyle brings residents and visitors together. With Lake Huron's sparkling waters, world-famous sunsets and Southampton's rich marine heritage as a backdrop, the downtown core is home to an impressive mix of established retailers, restaurants and personal services. Recent streetscape improvements and ample parking add to the appeal and encourage shoppers and visitors to explore. Inside, approximately 1,300 sq. ft. of beautifully presented open retail space offers large display windows, an inviting storefront entrance and plenty of flexibility for merchandising. Dressing rooms, a generous preparation area, office, employee rest area and 3-piece washroom expand the main-floor footprint to just under 2,000 sq. ft. But there's more. Approximately 1,000 sq. ft. of additional storage space includes the unique bonus of a second-floor display window, while another approximately 600 sq. ft. in the basement provides valuable workspace and storage. Updated approximately 20 years ago, the space remains a real showstopper, with radiant in-floor heating and central air conditioning providing year-round comfort. For the investor, it's an opportunity to secure a downtown commercial property with an established tenant and existing lease income. For the entrepreneur, it's a chance to own the location today, develop your business plan, and potentially step into your own Southampton venture when the current lease concludes. Income now. Opportunity later. Location always. Take a look at this exceptional downtown Southampton storefront.
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Owners vs Renters
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What’s NearbyDistances approximate
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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$2,738/mo
Mortgage (principal + interest)$2,432
Property taxFrom listing: $3,680/yr$307
Minimum $40,000 down for this price; the slider moves in whole percent, starting at 7%. 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$130,000
Ontario land transfer taxProvincial brackets, no first-time refund$9,475
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$142,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Saugeen Shores 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.
