Description

Unique Opportunity! Mixed Use Property In a Very Visible and Busy Corner Location of Hagersville. Features a Retail Unit and a Fully Furnished and Recently Renovated 2 Bdrm, 1 Bath Residential Apartment. Potential Income from The Residential and Commercial Tenants is around $4,000/Month. Many Uses Permitted. Previous Tenants Included Multiple Restaurants and a Spa. This Could be Your New Live/Work Home! (id:66096)

Property Details

MLS®: X13646026
Property Type: Retail
Zoning: Commercial - H A6
Interior Size: 1,930 ft²
Lot Size: 14,244 sq ft (0.32 ac)
Frontage: 212 ft
Heating: Baseboard heaters
Cooling: Fully air conditioned
Property Tax: $2,356.94/yr
Listed: 90 days ago

Features

Appliances: Washer, Oven, Dryer, Microwave, Window Coverings

Services

Water: Drilled Well

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

90d

Haldimand listings, avg age

92d

Price / ft²

$248

List price

$479K

Haho

This retail in Haldimand has been listed for 90 days, which is 2 days fresher than the city average of 92. Act while there is still low competition.

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Area context

Neighbourhood profile (N0A)

This home lists at $479,000, about 5.4× the local median household income of $88,000.

Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $88,000
Population: 31,957
Median age: 50.8
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N0A)

$479,000· $248/ft²

For sale

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Financing

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180 Haldimand Road 20, Haldimand - Retail for Sale