Homula Realty Brokerage
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216B Main Street, North Perth, ON N0G 1B0

2 beds · 2 baths · 1 kitchen · 11 rooms · 4 parking spaces · 2500-3000 sq ft · Att/Row/Townhouse
$399,000
Property tax
$1,671 / year

INCOME PROPERTY. UPDATED. HIGH TRAFFIC. Investment opportunity in the heart of Atwood! This versatile property offers endless possibilities-live upstairs while renting out the commercial space, operate your own business below and enjoy the convenience of living where you work, or add a unique mixed-use property to your investment portfolio. The commercial space is ideally located in Atwood's downtown core, just steps from the park and swimming pool, and offers ample square footage for a variety of potential uses. Utilities can also be separated, adding flexibility for owners and investors. Two parking spaces are available at the rear of the property. The spacious upper-level apartment offers two bedrooms, a full bathroom, kitchen, two separate living spaces, and a deck off the back of the home-providing plenty of room to spread out. The property has been extensively updated over the past 30 years, with recent improvements including updated vinyl plank flooring and fresh paint throughout in 2025, a new water heater and heat pump in 2025, roof in 2022, and gas furnace in 2016. Electrical and plumbing have also been updated. A fantastic opportunity to invest, live and work in one convenient location, or generate rental income in the growing community of Atwood!

MLS number
X13722296
Type
Att/Row/Townhouse
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N0G 1B0
Photos
40
14days · this listing
14days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

14 days on the market across 2 listings

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

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

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 505 people.

$103,000Median household income
82.1%Own their home
100%Detached houses
32.8Median age
15.2%Born outside Canada
7.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35400223 — the few blocks around this address, home to 505 people. It describes the area, not this property.

505Population
34.7Average age
3.2Household size
$132,000Average household income
$103,000Median household income
82%Own their home
18%Rent
0%Condominiums
15%Born outside Canada
8%University degree
$560,000Average home value
9%Low income
28%Not in the labour force
22%Never married
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9992%
$60,000 to $69,9997%
$70,000 to $79,9994%
$80,000 to $89,9992%
$90,000 to $99,9992%
$100,000 and over36%
$100,000 to $124,9999%
$125,000 to $149,9999%
$150,000 to $199,9999%
$200,000 and over7%

Percentages are of the 225 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.

$79,800 · minimum here is $19,950
$1,766.69per month
Borrowed before insurance$319,200
Total borrowed$319,200
Interest over 25 years at 4.5%$210,806

If you rented it out

Monthly rent starts from the median of recent 2-bedroom leases in Elma. Change it to anything you like.

$219.06per month left over
Rent$2,125.00
Everything it costs to hold$1,905.94
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 KELLER WILLIAMS INNOVATION REALTY. Listing data provided by the Toronto Regional Real Estate Board.