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9483 Wellington rd 124 Road, Erin, ON N0B 1T0

Commercial Retail
$1,800,000

Rare opportunity to secure a high-visibility commercial parcel in the heart of Erin. Boasting valuable C3-107 zoning, this site offers generous road frontage and a versatile footprint ideal for a variety of professional, retail, or service-oriented business ventures. Strategically positioned on the Wellington Rd 124 corridor, this property benefits from excellent exposure and easy access to local amenities. This commercial parcel is part of a premier 6+ -acre mixed-use estate, offering a rare opportunity to capitalize on both professional commercial space and private residential living. With a smooth commute-just 35 minutes to Brampton and 20 minutes to the GO Train, this location offers a professional balance of convenience and accessibility. Whether you are looking to establish a new business foothold or expand your current operations, this unique parcel offers a blank canvas to suit your vision. Opportunities of this caliber are limited. Book your showing today!

MLS number
X13081684
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
N0B 1T0
Photos
17
Property tax
$4,336 / year
132days · 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

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

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.

Work out the numbers

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

$360,000 · minimum here is $360,000
$7,970.01per month
Borrowed before insurance$1,440,000
Total borrowed$1,440,000
Interest over 25 years at 4.5%$951,003

If you rented it out

-$8,331.34per month out of pocket
Rent$0.00
Everything it costs to hold$8,331.34
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 MEADOWTOWNE REALTY. Listing data provided by the Toronto Regional Real Estate Board.