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58 Days on Market

40 Main St, Waterdown, Ontario L0R 2H0

$999,888
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Detached
2
2 + 1
~2014 sqft

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Highlights

Estimated Value$1,320,000*

Price/Sqft$496/sqft

Days On Market58 days

Est. Mortgage$4,294/mth

Tax Amount (2023)$8,385/yr

*Last updated on: 24/07/05

Description

Don't miss this prime investment opportunity nestled in the heart of downtown Waterdown! This property offers a seamless blend of live, work, and lease options, boasting a 1000-square-foot commercial unit on the ground floor & a stylish 1019-square-foot executive 2-bedroom apartment above. Recently renovated in 2021,the entire building underwent extensive upgrades including spray foam insulation, new windows, electrical rewiring, and fresh drywall throughout. Additional updates include separate hydro meters, furnaces, air conditioning units, electrical panels, gas meters, and dedicated parking spaces: 4 for the commercial unit and 3 for the residential. The executive apartment is designed for modern comfort with highlights such as pot lights, engineered hardwood flooring, quartz countertops, stainless steel appliances, a deep undermount sink, and a convenient pantry. The open-concept living and dining area features a cozy gas fireplace, while the 2 bedrooms offer ample space. The main bathroom exudes luxury with quartz countertops, double sinks, a full-size walk-in shower, and elegant ceramic tiles. Plus, enjoy the private balcony and in-suite laundry room for added convenience. On the commercial side, the unit boasts new fixtures including sink and toilet, upgraded vinyl flooring installed in 2021, and current lease expires in June 2026 (with renewal options). Seize the opportunity to own this turnkey property with a thriving commercial lease and luxurious living space!


Property Details

Style2 Storey
View-
Age of property-
SqFt~2014 SqFt
Lot Size4,902 SqFt(100 x 49.02)
Parking Spaces7
MLS ®NumberH4193246
Community NameWaterdown
Data SourceRAHB

Features

Heating: Forced Air
Cooling: Central Air

2 Floor

Other (see Remarks)

6 x 4

Other (see Remarks)

6 x 4

Office

12 x 9

Office

12 x 9


Features

Lot size: 4,902 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 7

Total parking spaces 7


Property History

Now
Listed for$999,888
58 days on market
history photo preview38
Apr 25, 2024
Listed for$1,199,900Expired
154 days on market
history photo preview38
Apr 25, 2024
Listed for$1,199,900Expired
154 days on market
history photo preview38
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Property listed by RE/MAX Escarpment Golfi Realty Inc., Brokerage
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