$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
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
Estimated mortgage payment
$2,342 per month
- Principal and interest
- $2,342
- Property tax
- $502
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $112,855
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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