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.
Highway Commercial, 2.98 Acres, 3600 sq ft total Lg Store showroom, Offices 2 washrooms w 3 bedroom, one bathroom, 2nd floor Apartment, Shed, 1 car garage lg yard Great exposure on Highway 89/10 coming into Shelburne At Primrose, close to Country Cabin Restaurant, Highland Motel, Garden Centre, Champ Burger, Super Burger, Subway & Petro Canada Plenty of parking & wrap around driveway to the back of the building. Commercial space is 2500 sq ft Covered patio Front entrance comes into the large showroom, with large display windows for natural light. 2nd large showroom both with Warm wood walls. Convenient second Side entrance into the office space with x 2 doors, one covered, has 3 office spaces, plus a lg Reception/office the Hallway which leads into the store showrooms. Many options for rental potential, can be divided up into smaller units or all one main floor user Main floor has several doors into the units and could add more doors if needed. new Gas furnace, Lg back yard that has some trees and space to have outside events, storage etc. One residential 3 bed one bath living quarters/Apartment above. Live and work opportunity. Investment opportunity! Large yard space is open for other opportunity to build, expand or lease out. Second floor was built with Pana-bode style Log construction, out side has Stucco and wood siding, Metal roof, front store Covered porch, Upper Back Deck and front covered deck. Upper unit has Cathedral Wood ceiling with wood beams. Interior Pretty log walls, 1100 sqft Living quarters on the second floor entrance from the back with stairs to a good sized deck. Cathedral ceiling living room with large windows and a gas fireplace. Three good sized bedrooms with large windows, one three piece bath w walk-in glass shower. Self contained laundry room, separate hot water tanks on both levels. Separate Hydro meters for each floor. Air-conditioning on the main level. Forced air natural gas heat on main level Floor plans are in the photos & attached
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Estimated Rental Income
Rental estimate coming soon
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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$9,478/mo
Mortgage (principal + interest)$8,604
Property taxFrom listing: $10,486/yr$874
Minimum 20% ($460,000 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$460,000
Ontario land transfer taxProvincial brackets, no first-time refund$43,975
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$506,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Mono 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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