Homula Realty Brokerage
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3643 21 Highway, Kincardine, ON N0G 2T0

Store W Apt/Office
$539,000

Looking for the perfect commercial property that offers both versatility and location? Look no further than this amazing Highway 21 corner lot! The property boasts a 2300 square foot commercial storefront + 4 bedroom living quarters. The C3 Commercial Zoning designation means it's perfect for a wide range of businesses. Located close to the Bruce Power Nuclear Power Development and Supreme Cannabis, this property is situated in a prime location that offers plenty of opportunities for growth and development. The property comes with an attached garage that measures 20' x 23', which provides ample space for storage and workspace. There is also a large 36' x 48' storage building on the lot, which offers additional storage space for all your equipment and supplies. With a spacious one-acre lot, there is plenty of room for expansion or development. In addition to its commercial features, this property also offers comfortable living quarters. The main floor is wheelchair accessible, and the property is heated by propane forced air and hot water heating. This makes it a perfect space for those who are looking for a home and workspace in one convenient location. The property is connected to municipal water, which provides reliable access to clean and safe water. With its prime location and commercial zoning designation, it's a fantastic investment opportunity for entrepreneurs and investors alike. So don't wait - take advantage of this amazing opportunity today and start your business in a prime location with a fantastic living space attached. Contact a real estate agent today to schedule a viewing!

MLS number
X12974992
Type
Store W Apt/Office
Status
Active
Bedrooms
Bathrooms
Postal code
N0G 2T0
Photos
34
Property tax
$3,380 / year
160days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Maple Grove Amish Parochial SchoolElementary1.4 kmNot reported

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 623 people.

$94,000Median household income
94.5%Own their home
98.1%Detached houses
50.4Median age
10.4%Born outside Canada
15.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410186 — the few blocks around this address, home to 623 people. It describes the area, not this property.

623Population
46.1Average age
2.3Household size
$135,000Average household income
$94,000Median household income
95%Own their home
6%Rent
0%Condominiums
10%Born outside Canada
16%University degree
$532,000Average home value
10%Low income
77%Not in the labour force
16%Never married
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over33%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over8%

Percentages are of the 380 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$107,800 · minimum here is $28,900
$2,386.58per month
Borrowed before insurance$431,200
Total borrowed$431,200
Interest over 25 years at 4.5%$284,773

If you rented it out

-$2,668.24per month out of pocket
Rent$0.00
Everything it costs to hold$2,668.24
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal LePage D C Johnston Realty. Listing data provided by the Toronto Regional Real Estate Board.