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Listed 8 days ago

21 Ann Street

Cannington, Brock

$979,000

Detached|Other
0 | 3 | 25
About this home

Positioned Directly Across From A Busy Medical Building In The Heart Of Growing Cannington, This Unique Property Offers Exceptional Flexibility In A Location Where Opportunity Continues To Grow. Zoned C1, The Property Permits A Variety Of Commercial Uses As Well As Potential Residential Use, Making It An Attractive Option For Business Owners, Investors, Entrepreneurs, Or Those Seeking A Distinctive Live/Work Opportunity. Built Entirely Of Concrete Block With No Wood Or Metal Framing, This Solid Structure Offers Outstanding Durability And Long-Term Peace Of Mind. Inside, The Upper Level Features Impressive 10-Foot Ceilings, A Kitchen, And Three Bathrooms, Providing A Functional Layout That Can Accommodate A Wide Range Of Residential Or Commercial Needs. A Full Basement Adds Valuable Additional Space For Storage, Workshop Areas, Hobby Space, Or Future Adaptation. Important Capital Improvements Have Already Been Addressed, Including A Roof Approximately 10 Years Old And Updated Water Management Systems, So The Major Ticket Items Are Already Taken Care Of. Outside, The Fully Fenced Lot Offers More Than 20 Parking Spaces, Providing Exceptional Convenience For Residents, Clients, Customers, Staff, Or Guests. Situated In A Highly Visible Location Benefiting From The Activity Of The Neighbouring Medical Community and Downtown Core, The Property Is Well Positioned For A Variety Of Future Uses. Whether You're Looking To Establish A Business, Create A Live/Work Environment, Invest In A Growing Community, Or Explore The Possibilities Offered By The Flexible C1 Zoning, This Property Presents A Rare Opportunity In The Heart Of Cannington. Downtown Cannington Is On The Move, Don't Miss Your Chance To Be Part Of Its Future.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleOther
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$6,892
Lot Size132 ft x 82.5 ft
mls© NumberN13609356
Listed ByRE/MAX HALLMARK YORK GROUP REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,011
Property tax
$574
Heat allowance
$150
Housing costs
$5,735 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $195,800
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,120 / mo
Cash down
$195,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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