haho.ca
$435,000
For sale

490 Main Street, North Dundas - Business for Sale

490 Main Street, North Dundas, Ontario, K0C2K0

1,200 ft²Listed 131 days ago
Overview

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

Days on market
131d
North Dundas listings, avg age
94d
Price / ft²
$363
List price
$435K

Long Listed: 131 days on market, against an average age of 94 days across the listings currently for sale in this city

Haho

This business in North Dundas is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE TEAM REALTY · Jennifer Petric
Area context

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)

$435,000· $363/ft²
For sale

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Financing

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$435,000

North Dundas

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