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$399,000
North Perth
216B Main Street, North Perth (Elma), Ontario, N0G1B0
This retail property in North Perth is for sale offering roughly 2,505 sq ft of space. It has been on the market 68 days, fresher than the North Perth average of 80 days.
INCOME PROPERTY. UPDATED. HIGH TRAFFIC. Investment opportunity in the heart of Atwood! This versatile property offers endless possibilities-live upstairs while renting out the commercial space, operate your own business below and enjoy the convenience of living where you work, or add a unique mixed-use property to your investment portfolio. The commercial space is ideally located in Atwood's downtown core, just steps from the park and swimming pool, and offers ample square footage for a variety of potential uses. Utilities can also be separated, adding flexibility for owners and investors. Two parking spaces are available at the rear of the property. The spacious upper-level apartment offers two bedrooms, a full bathroom, kitchen, two separate living spaces, and a deck off the back of the home-providing plenty of room to spread out. The property has been extensively updated over the past 30 years, with recent improvements including updated vinyl plank flooring and fresh paint throughout in 2025, a new water heater and heat pump in 2025, roof in 2022, and gas furnace in 2016. Electrical and plumbing have also been updated. A fantastic opportunity to invest, live and work in one convenient location, or generate rental income in the growing community of Atwood! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 68 days on market, against an average age of 80 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 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in North Perth (Elma) has been listed for 68 days, which is 12 days fresher than the city average of 80. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 4.8× the local median household income of $83,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0G)
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