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Listed 12 days ago

27A - 29 MAIN Street S

1045 - AC Acton, Halton Hills

$539,000

Semi-Detached |Other
6 | 3 | 3 | 0
About this home

Rare downtown development and investment opportunity at 27A-29 MAIN ST S, ACTON. This highly visible corner property offers approximately 70.6 feet of frontage, two-street exposure at Main St S and Church St E, and a prominent downtown location just one block south of Mill Street. Walk to shops, services and restaurants, with Acton GO Station nearby. The sale includes the entire semi-detached dwelling, comprising both units under one ownership, with approximately 2,792sq. ft. above grade on an approximately 4,919 sq. ft. site. Zoned DC2 and located within Downtown Acton's mixed-use planning area, the property offers exciting potential for residential, commercial, mixed-use or infill redevelopment in a walkable Main Street setting. Potential uses and redevelopment are subject to site-specific zoning, municipal approvals and buyer due diligence. A concept study exploring potential residential and mixed-use redevelopment approaches is available to interested parties. The concepts are preliminary and have not been reviewed or approved by the municipality. An exceptional opportunity for investors, builders and developers seeking a strategic downtown infill property with strong visibility, walkable amenities and flexible future potential. The existing dwelling is being sold in "as is, where is" condition, without representations or warranties.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeSemi-Detached
StyleOther
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$4,357
mls© NumberW13598814
Listed ByRE/MAX REALTY ENTERPRISES INC.

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$2,759
Property tax
$363
Heat allowance
$150
Housing costs
$3,272 / mo

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

Down payment20% · $107,800
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,268 / mo
Cash down
$107,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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