490 Main Street, North Dundas, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of 706 - Winchester. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $435,000 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 31.5 x 141.01 ft lot size
- equipped with no central cooling and highly efficient gas forced air closed heating
Description
This is an exceptional investment opportunity in the heart of the growing community of Winchester! This versatile mixed-use commercial building offers multiple income streams and outstanding future potential. Currently, one commercial unit is leased to a busy, well-established barbershop, providing immediate rental income. A second main-floor commercial space offers excellent flexibility and could easily be separated from the upper level. With the addition of a bathroom, it would make an ideal retail storefront, professional office, or service-based business.The upper level features a bright two-bedroom apartment with its own private exterior entrance and with some work, would create an attractive residential rental opportunity or owner-occupied option. With fantastic frontage on Main Street and excellent visibility and exposure, this property is well positioned to benefit from Winchester's continued growth and demand for both commercial and residential space. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a property with built-in income and future upside, this is an opportunity you won't want to miss!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 490 Main Street, North Dundas, ON K0C 2K0
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About Purchasing a Home in North Dundas, ON
For a property listed at $435,000 in North Dundas, the legal minimum down payment is $21,750 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 $5,175 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 $5,175.
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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.