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Property Type / Style

Commercial / Investment 

REALTOR.CA MLS ID # 

X12733634

 

Property Location

Rural

520 Main Street W.

Shelburne, Ontario L0N 1S6

For Sale: $1,899,999

Mere Posting
Contact Seller & Book Viewing

Robert Ientilucci

(416) 779-6969

rob.ientilucci@gmail.com


Listing Description

Mere Posting. Please contact Seller Directly. 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 upon request

Location / Cross Street 

Shelburne / Main St W & 4th line

Region Name

Dufferin

Ownership Title

Freehold

Possession Date

Flexible / TBD

Lot Size / House Size

2.785 Acres / 6840 Sq. Ft

Topography 

Level / Flat / Dry

Area Influences

Park, Hospital, Schools, Public Transit, Rec./Community Centre, Golf

Waster Source / Sewer System

Municipal Water / Septic System

Services

Electricity, High Speed internet, Natural Gas, Telephone

Directions to Property 

From Shelburne Centre West on Main St W.