haho.ca
$635,000
For sale

133 Dundas Street, Zorra (Thamesford) - Business for Sale

133 Dundas Street, Zorra (Thamesford), Ontario, N0M2M0

1,500 ft²Listed 90 days ago
Overview

This business in Zorra is for sale offering roughly 1,500 sq ft of space.

Description

An excellent investment opportunity to add to your real estate portfolio! Located in the heart of Thamesford on Dundas Street, this commercially zoned property is surrounded by established businesses. Currently operating as a legal non-conforming residential use, the property consists of 3 rental units, plus an additional bachelor-style AB&B suite. Ample on-site parking is available with the potential to create even more parking with the removal of sheds. The owner's unit features 2 bedrooms, a 3-piece bathroom, living room, kitchen, and an extended covered entrance offering comfortable living accommodations. The charming AB&B suite includes a small kitchen area, bathroom, and an open living/sleeping space. The upper apartment offers 2 bedrooms, 1bathroom, and is heated with electric baseboard heat, while the front lower unit is a cozy 1-bedroom, 1 bathroom apartment. Situated on a 62'x165' lot, this versatile commercial property presents an excellent opportunity for investors seeking multiple income streams in a growing community central to London, Woodstock, and Ingersoll. All measurements approximate. (id:66096)

Property Details

MLS®
X13642234
Property Type
Business
Zoning
C1
Interior Size
1,500 ft²
Frontage
62 ft
Building Area
1,500 ft²
Heating
Hot water radiator heat, Baseboard heaters, Natural gas
Cooling
Partially air conditioned
Property Tax
$3,522/yr
Listed
90 days ago

Features

Appliances
Water softener, Water Heater

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
90d
Zorra (Thamesford) listings, avg age
71d
Price / ft²
$423
List price
$635K

Long Listed: 90 days on market, against an average age of 71 days across the listings currently for sale in this city

Homes here sell close to asking price

Homes in this market sold for an average of 98.4 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Zorra (Thamesford) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX a-b Realty Ltd Brokerage · Tammy Todd

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0M)

This home lists at $635,000, about 7.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $124,038 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income
$91,000
Population
69,177
Median age
46
Owner / renter
82% / 18%
Avg. household size
2.5

Source: Statistics Canada, 2021 Census (FSA N0M)

$635,000· $423/ft²
For sale

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Financing

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$635,000

Zorra

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