$274,900
North Dundas
518 Church Street, North Dundas, Ontario, K0C2K0
This multi-family property in North Dundas is for sale offering roughly 4,480 sq ft of space. It has been on the market 62 days, fresher than the North Dundas average of 95 days.
Located just 30 minutes south of Ottawa, 518 Church Street presents an exciting redevelopment opportunity in the growing community of Winchester. Ideally situated within walking distance of local schools, shopping, restaurants, professional services, and Winchester District Memorial Hospital, this property offers an excellent combination of location, existing infrastructure, and future potential. The existing building provides an opportunity for residential redevelopment or conversion, making this an attractive proposition for an investor, builder, or developer seeking to create additional rental housing in an established community. With continued demand for quality rental accommodations in North Dundas, properties offering this type of potential are becoming increasingly difficult to find. Municipal water, sewer, and natural gas services are already connected. Municipal approval is also in place for water serving up to four apartment units, providing further support for potential multi-unit residential conversion, subject to required approvals and permits. Parking is another advantage, with municipal approval for additional gravel parking at the front, and two leased parking spaces in the municipality's Boyd parking lot. The roof has also been recently replaced. Winchester offers convenient access to Highway 31 (Bank Street), Ottawa, medical facilities, schools, shopping, restaurants, and recreational amenities. Whether you are an experienced developer, builder, or investor, 518 Church Street offers an opportunity to explore residential redevelopment in an established and increasingly desirable community. Buyer to make their own inquiries with the Municipality regarding permitted uses, zoning, development requirements, building permits, parking, and all other approvals necessary to realize their intended use. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 95 days across the listings currently for sale in this city
This multi-family in North Dundas has been listed for 62 days, which is 33 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $274,900, about 3.3× the local median household income of $84,000.
Carrying it typically needs a household income of about $53,698 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0C)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
No similar listings for sale right now.
Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.