52 days on Market

895 King St, Palmerston, Ontario N0G 2P0

Detached
3
2 + 1
~1450.24 sqft
$575,000
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Detached
3
2 + 1
~1450.24 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$396/sqft

Est. Mortgage$2,469/mo

Tax Amount (2023)$3,489/yr

Days On Market52 days


Description

This versatile 1-acre property zoned Commercial (C2) offers the rare combination of residential comfort and business potential, making it an ideal choice for those looking to blend home and work life. With residential financing available due to the home on-site, this investment caters equally to entrepreneurs and families. The spacious main floor of the home includes a bright, updated kitchen equipped with new appliances, an expansive living room, a welcoming dining area, and a cozy family room, all complemented by new flooring and fresh paint throughout. There's ample potential to expand the living space with an additional bedroom and full bath on the main floor. Upstairs, find two well-sized bedrooms, with additional storage and utility rooms in the basement for added convenience. Outdoors, a newly built rear deck invites relaxation or entertaining, while the substantial yard provides space for personal enjoyment or potential business operations. A large, as-is condition shop/shed sits on the property, ready to be transformed for business, storage, or workspace needs, adding even more flexibility to this unique property.


Property Details

StyleTwo Story
View-
Age of property1930
SqFt~1450.24 SqFt
Lot Size45,015 SqFt(300 x 150.05)
Parking Spaces6
MLS ®Number40671989
Community NameMinto
Data SourceITSO
Listing byEXP REALTY

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Unfinished

Main Floor

Bathroom

4-Piece

Bathroom

2-Piece

Dining Room

3.86 x 5.41

Family Room

3.61 x 5.18


Features

Lot size: 45,015 SqFt
Septic Tank

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by EXP REALTY, Brokerage

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Population and Demographics

Overview

Total population 8641
Average household income $111,756

Age (%)

0 to 19
25%
65 and plus
21%
50 to 64
19%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
70%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
German
4%
Others
3%
Pennsylvania German
2%
Dutch
1%

House tenancy (%)

Owners
76%
Renters
24%

Schools and amenities

Estimated Budget