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.
A Rare Opportunity in Alexandria! Opportunity is knocking for you to become the proud owner of the historic McLeister House in the heart of Alexandria! This iconic building is bursting with potential, offering a unique blend of residential and commercial spaces, all brimming with charm and character. Once a stunning family home, The McLeister House has been thoughtfully converted into a multi-use building with all areas currently rented. The main floor features a spacious foyer that provides access to two distinct "salon-style" commercial spaces, ideal for a variety of business ventures. Upstairs, youll find additional rentable rooms, offering excellent income potential. At the rear of the building are two separate doors, one leading to an additional commercial space, and the other providing private access to a well-maintained 2-bedroom apartment, which is currently rented, perfect for additional income or as an owner-occupied residence.Also included is the adjacent empty lot 25 Main Street, which could be built on.Whether you're looking to invest in a historic property, run your own business, or capitalize on rental income, the McLeister House offers endless possibilities in a highly sought-after location. Financials available.
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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$2,722/mo
Mortgage (principal + interest)$2,241
Property taxFrom listing: $5,777/yr$481
Minimum $34,900 down for this price; the slider moves in whole percent, starting at 6%. 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$119,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,455
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$131,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. North Glengarry 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.
