25-27 Main Street, North Glengarry, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 719 - Alexandria. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $599,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 40.44 x 132 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
A Rare Opportunity in Alexandria! Opportunity is knocking for you to become the proud owner of the historic McLeister House in the heart of Alexandria! This iconic building is bursting with potential, offering a unique blend of residential and commercial spaces, all brimming with charm and character. Once a stunning family home, The McLeister House has been thoughtfully converted into a multi-use building with all areas currently rented. The main floor features a spacious foyer that provides access to two distinct "salon-style" commercial spaces, ideal for a variety of business ventures. Upstairs, youll find additional rentable rooms, offering excellent income potential. At the rear of the building are two separate doors, one leading to an additional commercial space, and the other providing private access to a well-maintained 2-bedroom apartment, which is currently rented, perfect for additional income or as an owner-occupied residence.Also included is the adjacent empty lot 25 Main Street, which could be built on.Whether you're looking to invest in a historic property, run your own business, or capitalize on rental income, the McLeister House offers endless possibilities in a highly sought-after location. Financials available.
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Pricing & Value Insights
Data-driven valuation for 25-27 Main Street N, North Glengarry, ON K0C 1A0
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About Purchasing a Home in North Glengarry, ON
For a property listed at $599,000 in North Glengarry, the legal minimum down payment is $34,900 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 $8,455 for this transaction. As this listing is in North Glengarry (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,455.
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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.