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.
1.43-acre parcel on Kerwood Road in Adelaide Metcalfe carrying three zones across different portions of the lot: Village Residential (VR), Village Commercial (VC) and Industrial (M), per Map 21 of the Adelaide Metcalfe Zoning By-law (April 2024 consolidation). Lot 397 x 157 ft per MPAC/GeoWarehouse. Standalone shop with free-span trusses, approx. 9 ft clear height through most of the building, a 7'9" x 10' overhead door, 400-amp service with a new 60-amp panel in the shop, and portable electric heat. Drilled well (65 ft) and holding tank; no septic. No dwelling on site. Building was previously an auto parts shop. The three-zone layout is what makes this property interesting to more than one kind of buyer. A tradesperson or contractor sees an existing shop and acreage around it. A small business owner sees a commercial portion to build a plan around. An investor or builder sees a residential portion with no existing dwelling and room to think. A buyer with a longer view sees all three on one lot and the chance to explore how they fit together. Each of those paths depends on what the zoning allows and on the buyer's own due diligence, so nothing here is promised; it is a parcel with several directions open to it. Zone boundaries within the lot have not been surveyed and no survey or well records are available. Property is within the railway proximity screening area, and the prior automotive use may affect a change to a more sensitive use; no severance application has been made. Buyers to verify all permitted uses, servicing and development potential with the Township of Adelaide Metcalfe.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
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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$2,457/mo
Mortgage (principal + interest)$2,151
Property taxFrom listing: $3,674/yr$306
Minimum $32,500 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$115,000
Ontario land transfer taxProvincial brackets, no first-time refund$7,975
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$125,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Adelaide Metcalfe 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.
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