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 unique opportunity in the historic Hamlet of Norval! Situated on over half an acre with an impressive 132.25 ft of frontage onGuelph Street and the Credit River running along the rear of the property, 503 Guelph Street offers incredible potential in abeautiful setting. The residential portion is currently configured as three separate units. Unit A is a 1.5-storey, 3-bedroom,1-bathroom residence; Unit B offers 3 bedrooms and 1 bathroom; and Unit C is a bachelor unit with 1 bathroom. Laundry andhydro are currently shared. An oversized detached 1-car garage offers even more potential and awaits its next transformation.Zoned Hamlet Commercial (HC), the property permits a variety of uses including retail, bed and breakfast, medical offices,animal clinics, daycare and more. Just steps from where beloved Canadian author Lucy Maud Montgomery once lived, Norval isa hamlet rich in history, character and natural beauty, with convenient access to Highways 401 and 407. A remarkable lot.Flexible zoning. Endless possibilities. An opportunity within reach that you won't want to miss.
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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$7,594/mo
Mortgage (principal + interest)$7,108
Property taxFrom listing: $5,833/yr$486
Minimum 20% ($380,000 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$380,000
Ontario land transfer taxProvincial brackets, no first-time refund$34,475
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$417,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Halton Hills 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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