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.
This 1928 two-story red brick beauty at 33 Main Street East is situated on a prime corner lot in the heart of downtown Drayton. The property blends timeless character with a massive future upside. Whether you're looking for a professional office location, a retail store, or a space that can once again function as both an attractive residence and an on-site business operating out of the large insulated heated garage/shop, there are some tremendous strategic investment opportunities here. The large rectangular lot, with access from two streets, offers potential to sever the back portion of the property into an additional building lot. Or conversely, the existing property could be redeveloped to accommodate additional on-site customer parking, as well as two completely separate commercial enterprises (one in the home, and one in the shop).Other options include transforming the shop into a comfortable two bedroom ARU (Accessory Residential Unit), offering rental income of $1,600 - $2,400+ per month. This makes an already attractive property that much more affordable. Or simply keep it as a residential property for the time being, knowing that these commercial possibilities can be exercised at a later date. In any case, this charming century home in a high visibility location is a special opportunity and a definite "must see".
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
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
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$2,698/mo
Mortgage (principal + interest)$2,394
Property taxFrom listing: $3,644/yr$304
Minimum $38,990 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$127,980
Ontario land transfer taxProvincial brackets, no first-time refund$9,273
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$140,053
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Mapleton 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.
