$699,000
Available - For Sale
Listing ID: X13865410
46349 Sparta Line , Central Elgin, N0L 2H0, Elgin
| LIVE, WORK & INVEST IN HISTORIC SPARTA! An exceptional opportunity for entrepreneurs, business owners and investors looking to establish themselves in the heart of this charming village! This versatile five-unit commercial/residential property offers the unique opportunity to operate your own business while living upstairs and generating additional rental income.The main level features three separate commercial units, providing flexibility for retail, professional services or a variety of business ventures. The current anchor tenant, who occupies two commercial units, will be vacating December 31, 2026, creating an exciting opportunity for a new owner to establish or expand their own business, lease the spaces to new tenants or explore additional income potential.The second floor offers two residential apartments, including a tenanted two-bedroom unit and a vacant, freshly painted one-bedroom apartment, ideal for an owner/operator looking to live on-site. An additional large unfinished space offers potential for another residential unit or alternative use, subject to municipal approvals.Additional highlights include ample on-site parking, a large detached storage building, recently updated rear siding and a new accessible ramp.SELLER FINANCING AVAILABLE! The Seller is willing to consider a Vendor Take-Back (VTB) mortgage of up to 80% of the purchase price, subject to mutually agreeable terms.Whether you're looking to open your own business, live above your workplace or build a diversified investment portfolio, this property offers outstanding flexibility, income potential and room to grow in beautiful historic Sparta! |
| Price | $699,000 |
| Taxes: | $5748.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 46349 Sparta Line , Central Elgin, N0L 2H0, Elgin |
| Postal Code: | N0L 2H0 |
| Province/State: | Elgin |
| Directions/Cross Streets: | Quaker |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 3500.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Septic |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
|
|
Bus:
416-994-5000
Fax:
416.352.5397
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Elgin |
| Municipality: | Central Elgin |
| Neighbourhood: | Sparta |
| Tax: | $5,748 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
