For Sale

40 Main Street, Southgate (Dundalk), Ontario N0C1B0

$399,000

40 Main Street, Southgate (Dundalk), Ontario N0C1B0 is For Sale and has a listing price of 399,000. The property is located in the Southgate neighbourhood. It's been on the website for 128 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • MLS ID: X9017204
  • Office Name RE/MAX SUMMIT GROUP REALTY
Property Description

Situated in the heart of downtown Dundalk, this mixed-use building presents a unique investment opportunity that blends commercial vibrancy with residential ease. The property showcases an 1,100 sq ft commercial office space, nicely designed with a modern open-concept layout and complemented by a separate enclosed office for privacy. The space is illuminated by large windows allowing for an abundance of natural light, creating a welcoming and productive work environment. A functional kitchenette at the rear offers convenience, along with dual access from the front and a private back entrance. The full basement, accessible via the office area, serves as an ideal storage solution and includes a handy 2-piece bathroom, adding to the utility of the space. Above, the building features two residential units, which provide steady rental income. The front apartment includes two bedrooms and is accessible directly from the street, making it perfect for small families or professionals. The rear apartment features one bedroom, a personal deck, and dual access points from both the front street and the back of the building, offering a flexible living space. Additional perks include a detached two-car garage that not only provides optional parking and storage for the owner but also offers potential for further rental income. This property combines commercial utility with residential income potential, perfect for investors seeking a property with both commercial appeal and residential charm or a buyer looking to occupy one of the residential units while allowing rental income from the other spaces to supplement the mortgage payment. **** EXTRAS **** All showings to be booked through Broker Bay via MLS # 40615683 (id:43137)

Property Details
  • MLS ID: X9017204
  • Price: $399,000
  • Transaction Types: For Sale
  • Ref ID: 27140172
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
07/06/2024 X9017204 $399,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Southgate
  • $843,882 Average List Price
    based on 1 year
  • 52 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 142.56 % Up
  • Sold (12mo) 83
  • Rented (12mo) 36

  • 1 Month Change -12.8%
  • 3 Month Change +1.3%
  • 6 Month Change -29.6%
Walkscore
Property Type Distribution
  • All Houses
    85.17%
  • Commercial
    12.8%
  • Condo
    0.39%
  • Land for Sale
    1.64%
Additional Details
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 06/07/2024 00:00:00
  • Zoning R1c-61
  • Agent Name: ERIN BOYNTON-SEELEY
  • Last Updated: 16/10/2024 18:25:38
Open House Dates
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