Welcome to this remarkable investment located in the coveted neighborhood of 705 - Chesterville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $417,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Discover an outstanding mixed-use investment opportunity in the heart of the charming Village of Chesterville, just steps from the waterfront and surrounded by local amenities. This versatile property features three residential rental units and commercial spaces, creating multiple streams of income with strong long-term potential. One of the commercial units is currently leased to a well-established local chip truck (business not included in the sale), providing reliable rental income, while the second commercial space ready for a new vision-ideal for retail, professional services, café space, or other entrepreneurial uses. Zoned GM (General Mixed-Use), the property offers exceptional flexibility for both residential and commercial applications. Investors and developers will appreciate the future redevelopment potential, with possibilities to reimagine the site as a 10-12 unit apartment building with ground-floor commercial space, maximizing both density and return.
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Data-driven valuation for 29 King Street, North Dundas, ON K0C 1H0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in North Dundas.
About Purchasing a Home in North Dundas, ON
For a property listed at $417,000 in North Dundas, the legal minimum down payment is $20,850 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,815 for this transaction. As this listing is in North Dundas (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,815.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.