254 Main Street Palmerston, ON N0G2P0
Listing Courtesy of: ITSO / Century 21 Heritage House Ltd. Brokerage / George Lavallee
$899,000
4
BED
6
BATH
3,460
SQFT

  254 Main Street Palmerston, ON N0G2P0

Active (145 Days)

Description

FANTASTIC INVESTMENT IN DOWNTOWN PALMERSTON. GROWING COMMUNITY WITH
HOSPITAL, LIBRARY, SCHOOLS, SHOPPING CLOSE TO LAKE HURON. COMPLETELY
RENOVATED IN 2018/19 FROM THE WALLS IN. FULLY FOAM SPRAYED INSULATION, NEW
WIRING,NEW PLUMBING, NEW HEATING LINES AND RADS, NEW KITCHENS WITH DOUBLE
SINKS AND GRANITE COUNTERTOPS, WOOD/VINYL FLOORING AND ONE PIECE FIBREGLAS
TUBS WITH POT LIGHTS. VERY BRIGHT AND EASY TO RENT. TENANTS PAY THEIR OWN
HYDRO AND EACH UNIT HAS ITS OWN THERMOSTAT. TWO UNITS HAVE DECKS. THERE IS
A COIN OPERATED LAUNDRY ON THE MAIN FLOOR. THERE ARE 2 COMMERCIAL SPACES
FULLY RENTED AND OWNER PAYS THEIR HYDRO. THE PROPERTY HAS 3 PARKING SPACES
AND THE TOWNSHIP MAINTAINS THEM AND SHOVELS THE SNOW ON THE SIDEWALK PLUS
'in addition THERE ARE 2 OTHER PARKING SPOTS SUPPLIED BY THE TOWN AT NO
COST OR MAINTENANCE FEES. STORE FRONTS WERE PROFESSIONALLY DESIGNED AND
WERE AWARD WINNING. VERY WELL LAID OUT AND IN EXCELLENT CONDITION ALL
UNITS ARE IN GOOD SHAPE AND RENTED.POSSESSION CAN BE IMMEDIATE WITH
TENANTS.

MLS®:
40228495
Taxes
$6,165
Lot Size
3,311 SQFT
Type
Multifamily
Views
Downtown, City
County
Wellington County
Bathroom Details
Interior Features
  • Washer
  • Stove
  • Refrigerator
  • Dryer
  • Microwave
  • Built-In Microwave
  • Water Heater Owned
  • Laundry: In Building
  • Laundry: Common Area
  • Laundry: Coin Operated
  • Water Meter
  • Upgraded Insulation
  • Separate Hydro Meters
  • Separate Heating Controls
  • Built-In Appliances
Lot Information
  • Shopping Nearby
  • Schools
  • Public Parking
  • Playground Nearby
  • Place of Worship
  • Major Highway
  • Library
  • Hospital
  • Highway Access
  • High Traffic Area
  • City Lot
  • Corner Lot
  • Ample Parking
  • Rectangular
  • Urban
Property Features
  • Foundation: Stone
  • Foundation: Block
Heating and Cooling
  • Water Radiators
  • Gas Hot Water
  • None
Basement Information
  • Unfinished
  • Full
Pool Information
  • None
Exterior Features
  • Roof: Membrane
Utility Information
  • Utilities: Phone Connected, Street Lights, Recycling Pickup, Natural Gas Connected, Garbage/Sanitary Collection, Electricity Connected, Cell Service, Cable Connected
  • Sewer: Sewer (Municipal)
School Information
  • Elementary School: Palmerston Public School
  • High School: Norwell District S.s.
Parking
  • Total: 5
  • Assigned
  • Asphalt
Stories
  • 2
Living Area
  • 3,460 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 15, 2022
Price Changed
$899,000
-10%
-96,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Century 21 Canada and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 8/14/22 16:37