
Erin, ON N0B 1Z0
Investment opportunity in the heart of the charming village of Hillsburgh, perfectly positioned to capitalize on the massive residential expansion currently transforming the community. This versatile property features approximately 1,900 sq ft of prime commercial space on the main level, currently occupied by a reliable tenant with a lease in place until February 2027, providing immediate and stable cash flow. Complementing the commercial component is a well-maintained 600 sq ft accessory apartment featuring 1 bedroom and 1 bathroom, also currently leased to provide secondary income. As major new home developments like Hillsburgh Heights and the Ballantry Homes master-planned community bring hundreds of new families and high-density residential units to the immediate area, the demand for local services and retail is poised for unprecedented growth. This surge in local population guarantees increased foot traffic and commercial vitality, making this an ideal holding for the savvy investor or an entrepreneur looking to secure a foothold in an emerging market. Situated just steps from the historic Main Street and the popular Elora-Cataract Trailway, this property offers the perfect blend of small-town character and future-proof economic potential. Don't miss your chance to own a piece of Hillsburgh's exciting future during this pivotal growth phase.
TRREB MLS® Attribution
MLS® X12732006
Listed by Real Broker Ontario Ltd.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$5,860
/month · $960,000 mortgage
Amortization
Total Interest
$797,927
Total Cost
$1,757,927
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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Real Broker Ontario Ltd.