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.
3,840 SF Prestige Industrial on 2.28 Acres FOR SALE inside Niagara-on-the-Lake Glendale Secondary Plan/ Urban Boundary area. The property offers two shop areas totaling 1,920 SF Shop with 16 ft. clear to center column and 18 ft. clear to underside of deck. Two 14 ft. H x 12'3" W grade level, drive-in doors & two man doors, reinforced concrete floor, drain, 3-ph, 600V/ 200A service, tube heating, T4 lighting, ceiling fans & exhaust fans, with NEW roof and siding (2020). Insulated between office & shop. Ground floor Office comprised of 960 SF with reception area, small meeting room and two private offices. Featuring carpeting, built-in cabinets, a bull pen workstation area, glass vestibule with reception desk, forced-air gas heating and shop access. Above the office is a second floor storage area & three bathrooms. Two shop areas each 24 ft. wide x 40 ft. deep, with office & 2nd floor storage area/secondary office each 24 ft. W x 40 Ft. D. Fully fenced, gravel yard with heavy base gravel & gate, municipal water, septic, gas & hydro. 35 ft. x 40 ft. (1,400 SF) Quonset hut in yard with gravel floor.
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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$13,085/mo
Mortgage (principal + interest)$11,219
Property taxFrom listing: $22,395/yr$1,866
Minimum 20% ($599,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$599,800
Ontario land transfer taxProvincial brackets, no first-time refund$61,450
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$664,050
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Niagara-on-the-Lake 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.
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