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.
Investment & Redevelopment Opportunity in Chesterville's charming waterfront district, this versatile multi-tenant property offers immediate, reliable cash flow paired with exceptional value-add upside. Whether you are looking to hold for strong ongoing yield or build out a landmark high-density footprint, this site provides the perfect balance of income and opportunity. Financial Highlights & Income Potential: In-Place Revenue: Currently generating $2,800/month ($33,600/year) from two fully occupied residential apartments ($2,000/mo combined) and an established chip truck lease ($800/mo). Pro Forma Gross Income: Lease up the remaining vacant spaces to drive gross revenue to $5,300/month ($63,600/year) -nearly doubling your current income with minimal immediate capital expenditure: Residential (4 Units Total): 2 occupied units + 2 vacant units ($1,000/mo each pro forma).Commercial (2 Spaces Total): 1 leased chip truck spot + 1 vacant commercial unit ($1,500/mo pro forma). Development & Value-Add Upside Near-Term Strategy: Immediate cash flow covers holding costs while you lease up vacant units or plan your future development. Assembly & Zoning Scale: Permissive GM (General Mixed-Use) zoning supports a 10-12 unit apartment building on this single lot. A rare find for income-focused buyers, developers, and land-assembly investors alike. Schedule your private showing today to unlock this site's full potential! HST is only applicable to the Commercial part of this property which is approx 25% of the entire property.
Demographic data is not available for this area yet.
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
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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$2,196/mo
Mortgage (principal + interest)$1,642
Property taxFrom listing: $6,643/yr$554
Minimum $21,950 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$87,800
Ontario land transfer taxProvincial brackets, no first-time refund$5,255
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$95,855
First-time buyers can get up to $4,000 back on Ontario land transfer tax. North Dundas 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.
