490 Main Street, North Dundas - Business for Sale
490 Main Street, North Dundas, Ontario, K0C2K0
This business in North Dundas is for sale offering roughly 1,200 sq ft of space.
Description
This is an exceptional investment opportunity in the heart of the growing community of Winchester! This versatile mixed-use commercial building offers multiple income streams and outstanding future potential. Currently, one commercial unit is leased to a busy, well-established barbershop, providing immediate rental income. A second main-floor commercial space offers excellent flexibility and could easily be separated from the upper level. With the addition of a bathroom, it would make an ideal retail storefront, professional office, or service-based business.The upper level features a bright two-bedroom apartment with its own private exterior entrance and with some work, would create an attractive residential rental opportunity or owner-occupied option. With fantastic frontage on Main Street and excellent visibility and exposure, this property is well positioned to benefit from Winchester's continued growth and demand for both commercial and residential space. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a property with built-in income and future upside, this is an opportunity you won't want to miss! (id:66096)
Property Details
- MLS®
- X13494104
- Property Type
- Business
- Zoning
- Commercial
- Interior Size
- 1,200 ft²
- Lot Size
- 1,200 sq ft
- Frontage
- 32 ft
- Building Area
- 1,200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- None
- Property Tax
- $2,970/yr
- Listed
- 131 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 131 days on market, against an average age of 94 days across the listings currently for sale in this city
This business in North Dundas is available now. Want me to connect you with the agent or keep you posted on any price updates?
Neighbourhood profile (K0C)
This home lists at $435,000, about 5.2× the local median household income of $84,000.
Carrying it typically needs a household income of about $84,971 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.
- Median household income
- $84,000
- Population
- 52,838
- Median age
- 48.4
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0C)
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North Dundas
