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.
Who doesn't love the romance of an old train station? This unique home was once a Canadian Pacific Railway station originally built in 1914, and was a community mainstay for passengers and telegrams in Shelburne for more than five decades. This nearly 2,000 sq. ft. home was relocated to its current location in Mono in the early 1970s. It now sits on just over 10 private acres, set well back from the road at the end of a tree-lined laneway, with open fields and rolling hills behind. The property also includes a small barn and paddock. Inside the home, the station's past is integrated into the present day - the Waiting Room is now a dining room with soaring ceilings and 10-ft windows, and the Ticket Booth is now the kitchen (heated floor), with its ticket window and original cashier's drawer still in place. Two main floor bedrooms occupy the old Freight Room, with an additional two bedrooms tucked away upstairs in the second-storey addition. The full basement boasts 8 ft ceilings. Original doors, the Operator's bay window and the Waiting Room bench still remain in place, and the sale also includes a collection of railway chattels. Your own train dreams and next journey in life can begin here! Conveniently located about 15 minutes from Orangeville, and just minutes to Shelburne and Highway 10.
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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$4,722/mo
Mortgage (principal + interest)$4,302
Property taxFrom listing: $5,042/yr$420
Minimum $90,000 down for this price; the slider moves in whole percent, starting at 8%. 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$230,000
Ontario land transfer taxProvincial brackets, no first-time refund$19,475
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$252,275
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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