520 Main St W, Shelburne, ON L0N1S6
- Sqft
- 297,950,400
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
For Sale by Owner. Click on "More Information" Link Below. Refined & Investor-Focused For Sale: Fully Tenanted 9-Plex on 2.8 Acres - Prime Main Street Frontage, Shelburne. Rare opportunity to acquire a fully tenanted, cash-flowing 9-unit apartment building situated on an expansive 2.8-acre parcel in the rapidly growing Town of Shelburne. This well-maintained, two-storey building offers immediate income with long-term upside, making it ideal for investors seeking stability today and development potential tomorrow. Property Highlights: 9 Residential Units Total. 5 Two-Bedroom Units. 3 One-Bedroom Units. 1 Bachelor Unit. Approx. 6,800 sq. ft. of rentable area. Built in 1978. Metal Roof. Individually Metered Hydro. Municipal Water. Recently Updated Septic System.Updated Fire Alarm & Smoke Detection. System Coin Laundry Income (~$4,000 annually) 10+ On-Site Parking Spaces. Main Street West Frontage. Financial Overview: Current Gross Income: Over $12,000/month. Annual Gross Income: ~$144,000+ Strong Upside to Market Rents. Low Utility Exposure due to separate metering. Taxes: $17,582.20. Hot Water Tanks: Rentals at $44.78/month (both. Zoning & Future Potential: The property is located within one of Shelburne's largest designated development areas, offering compelling long-term land-banking potential. The site is already on municipal water and is in close proximity to municipal sewers, positioning it well for future redevelopment subject to buyer due diligence and municipal approvals. Shelburne continues to experience sustained population growth and residential demand, making this an excellent opportunity to hold, improve cash flow, and position for future value creation. Showing Instructions: No interior showings prior to an accepted conditional offer. 48-hour irrevocable on all offers. Financials available to qualified buyers (id:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 297,950,400
- Lot size (acres)
- 2.79
Utilities
- Cooling
- None
- Sewer
- Septic System
- Water
- Water
Taxes
- Tax Annual Amount
- $17,582.20
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: X12733634 Last checked: …

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.