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209 Sarah Court, Shelburne, ON L9V 2Z8

8 beds · 4 baths · 4 kitchens · 24 rooms · 6 parking spaces · 1500-2000 sq ft · Fourplex
$1,175,000
Property tax
$4,407 / year

Fourplex Apartment building, in great location, in area of other 4 plex's, close to Downtown Shelburne, walk to Shopping, parks and schools. Brick and vinyl building, Two storey with walk outs in each unit, to balcony on upper level and walk out to patio on lower level. Asphalt shingled Roof, Paved Parking for 6+ cars, paved driveway in a Quiet Court, very close to shopping at Giant Tiger, Dollar Tree and other stores, Down town two blocks away. 4 apartments currently 3leased to good long term tenants. One vacant easy to lease, kept vacant for new owner to use or rent out. Each Apartment is approx. 800 sq ft. The building entrance has locked door with common entrance and hallway. Each unit has their own ensuite laundry, two bedrooms, 4 pc bathroom, Storage room, Kitchen, living room and Dining room, with walk out to a deck or patio. Owned water heaters one for each unit. Upper units water heater is under the entry stairs. Tenants have their Own hydro, and Shared water. Baseboard heat, paid by Tenants. Efficient and economical to run. Nice Building 2 Units up and 2 units down. Great for someone to live and rent out, or investor for 4 great units in Pretty Shelburne.

MLS number
X13126468
Type
Fourplex
Status
Active
Bedrooms
8
Bathrooms
4
Postal code
L9V 2Z8
Photos
34
121days · 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

This address has been listed 6 times.

Sale history is for registered usersSee what this address sold for and when, across all 6 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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
Centennial Hylands Elementary School
Upper Grand DSB
Elementary365 m6.0 / 10
60% met the standard
Glenbrook Elementary School
Upper Grand DSB
Elementary697 m6.9 / 10
69% met the standard
Centre Dufferin District High School
Upper Grand DSB
Secondary584 m5.7 / 10
57% met the standard · 2 of 6 measures
Hyland Heights Elementary School
Upper Grand DSB
Elementary713 m4.3 / 10
43% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 912 people.

$72,500Median household income
43.8%Own their home
35.1%Detached houses
34.4Median age
15.3%Born outside Canada
14.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220072 — the few blocks around this address, home to 912 people. It describes the area, not this property.

912Population
37.8Average age
2.4Household size
$81,200Average household income
$72,500Median household income
44%Own their home
56%Rent
7%Condominiums
15%Born outside Canada
14%University degree
$630,000Average home value
10%Low income
59%Not in the labour force
28%Never married
Under $5,0001%
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9996%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9997%
$100,000 and over22%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over2%

Percentages are of the 475 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.

$235,000 · minimum here is $92,500
$5,202.65per month
Borrowed before insurance$940,000
Total borrowed$940,000
Interest over 25 years at 4.5%$620,794

If you rented it out

-$5,569.90per month out of pocket
Rent$0.00
Everything it costs to hold$5,569.90
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 MCCARTHY REALTY. Listing data provided by the Toronto Regional Real Estate Board.