Gurvinder Nokwal REALTOR®
For Sale Other 132 days on market

$529,000

Est. payment $2,342/moCalculate yours

82/84 Elora Street, South Bruce, ON N0G 2J0

South Bruce, South Bruce, ON N0G 2J0

  • 2 Beds
  • 2 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of Wilfred McIntee & Co Limited MLS® X13415150

About this home

Excellent investment opportunity in the heart of downtown Mildmay! This well-maintained commercial/residential property features three income-generating units, including two street-level spaces and a spacious residential two bedroom, one bathroom apartment upstairs. Recent updates throughout the property include an updated electrical panel and new pot lights throughout the residential unit. The retail unit has also been upgraded with new windows, providing improved natural light and a fresh, updated appearance. This property comes with a flexible financing opportunity as the Seller is open to entertaining a Vendor Take-Back (VTB) mortgage, offering an attractive option for qualified buyers. All units are fully tenanted, providing immediate and consistent rental income. Located in a high-visibility area with great foot traffic, this versatile building is perfect for investors looking to grow their portfolio with a stable, turnkey property. Don’t miss out on this rare chance to own a solid income-producing asset in a vibrant small-town setting!

Property details

Overview

Property Type
Other
Style
2-Storey
For
For Sale
Status
New
Size
2,000 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Basement
Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Water
Municipal

Lot & Parking

Lot Size
24.5 x 132 Feet
Parking
None garage · 2 total
Zoning
C1

Financial

Property Taxes
$6,026 (2025)

Location

Neighbourhood
South Bruce
Cross Street
Absalom St
Direction Faces
East

Listing

MLS® Number
X13415150
Days on Market
132
Listed On
2026-06-08
Listed By
Wilfred McIntee & Co Limited

Features

Interior

  • None

Pool

  • None
Included
Fridge, Stove, Washer, Dryer (In Upper Apartment)
Excluded
All tenant belongings in all units.

Mortgage calculator

Minimum for this price: $27,900 (5.27%)

Amortization, years

Estimated mortgage payment

$2,342 per month

Principal and interest
$2,342
Property tax
$502
Estimated monthly cost
$2,844

Your mortgage

Mortgage amount
$423,200
Mortgage insurance
Not needed
Interest over 25 years
$279,489

Cash to close

Down payment
$105,800
Land transfer tax
$7,055
Total, before legal fees
$112,855
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

82/84 Elora Street, South Bruce, ON N0G 2J0 South Bruce, South Bruce, ON N0G 2J0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$529,000 82/84 Elora Street, South Bruce, ON N0G 2J0
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