Homula Realty Brokerage
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5190 Brunet Road, South Stormont, ON K0C 1R0

Office
$429,000

Welcome to 5190 Brunet Road - A Rare Mixed-Use Opportunity on Over 8 Acres! Discover the perfect blend of residential comfort and commercial potential with this exceptional mixed-use property. Whether you're an entrepreneur looking to operate a home-based business, an investor seeking income potential, or someone in need of flexible space, this unique property offers endless possibilities. The spacious upper-level residential unit provides comfortable living accommodations, allowing you to live where you work or generate additional rental income. A large portion of the upper floor offers additional space for more offices/storage or possible living area. Below, the expansive commercial space offers approximately 3,600 square feet on the main floor and has been successfully operated as an office building by the current owner for several years. The flexible layout features numerous generously sized rooms that can accommodate a wide variety of business or professional uses. Situated on over 8 acres, the property also includes a detached 20' x 50' garage with electricity, providing excellent storage, workshop, or additional operational space. With zoning that permits a variety of potential uses, this property presents an outstanding opportunity for business owners, investors, and those seeking a versatile live-work environment. Buyers are encouraged to consult with the local municipality to confirm that their intended use complies with current zoning regulations. Don't miss your chance to own this one-of-a-kind property offering space, flexibility, and exceptional potential-all in one remarkable package.

MLS number
X13619166
Type
Office
Status
Active
Bedrooms
Bathrooms
Postal code
K0C 1R0
Photos
30
Property tax
$7,741 / year
44days · this listing
44days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 528 people.

$103,000Median household income
95.2%Own their home
97.7%Detached houses
51.2Median age
7.9%Born outside Canada
15.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35010277 — the few blocks around this address, home to 528 people. It describes the area, not this property.

528Population
46.1Average age
2.5Household size
$109,000Average household income
$103,000Median household income
95%Own their home
5%Rent
0%Condominiums
8%Born outside Canada
15%University degree
$400,000Average home value
5%Low income
44%Not in the labour force
19%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9993%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over35%
$100,000 to $124,99911%
$125,000 to $149,9998%
$150,000 to $199,9996%
$200,000 and over8%

Percentages are of the 315 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.

$85,800 · minimum here is $21,450
$1,899.52per month
Borrowed before insurance$343,200
Total borrowed$343,200
Interest over 25 years at 4.5%$226,656

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,829.60per month out of pocket
Rent$715.00
Everything it costs to hold$2,544.60
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 WHEELER SMART CHOICE REALTY BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.