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.
INCOME GENERATING PROPERTY! Short term rentals! Commercial ground floor unit with renovated apartment above. Exciting opportunity to become part of the vibrant downtown community in Meaford. The main floor retail/commercial unit is well designed for a variety of uses with neutral decor, high ceilings, gallery lighting, front and back entrances, updated electrical, storage, two-piece washroom, commercial sink and access to basement. Exposure on the main street and customer street parking is a great perk for any business. Some commercial uses include: Art Studio, Retail, Fitness Center, Business/Medical Office, Restaurant (Buyer to perform their due diligence for desired use). Live upstairs or rent out the one bedroom, plus den apartment with it's open loft feel, high ceilings, skylights, white oak engineered hardwood floors, Gorenje ventless washer/dryer, sound proof insulation, four piece bathroom with heated floors, new windows and kitchen with porcelain counters/feature wall and INVISA Cook Top! Too many updates and possibilities in these stunning spaces. Private parking for two vehicles at rear of building is a real bonus. Separate hydro meters. Call listing agent for more revenue details.
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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$2,561/mo
Mortgage (principal + interest)$2,353
Property taxFrom listing: $2,496/yr$208
Minimum $37,900 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$125,800
Ontario land transfer taxProvincial brackets, no first-time refund$9,055
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$137,655
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Meaford 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.
