133 DUNDAS STREET W, Zorra (Thamesford)

$635,000

For sale: Multiplex

Multiplex at 133 DUNDAS STREET W, Zorra (Thamesford)
Property type
Triplex
Bedrooms / bathrooms
5 bedrooms, 4 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13720462
Neighbourhood
Thamesford

An excellent opportunity in the growing and increasingly sought-after village of Thamesford. Situated on the main street and surrounded by established commercial businesses, this property offers an ideal location for an investor, entrepreneur, or owner-occupier looking to take advantage of the communities continued growth. Currently zoned commercial and being utilized as a legal non-conforming residential triplex, the property offers 3 rental units: two two-bedroom units and one one-bedroom unit, providing multiple income streams. There's also an additional Airbnb unit that is occasionally rented offering further income potential. For an owner-user, this property presents an exciting opportunity to live on-site while operating a business from the front of the building. With renovations and some vision, the property could be transformed to suit a variety of commercial, residential, or mixed-use possibilites, subject to the appropriate municipal approvals. Ample parking available with some minor modifications to the property. Thamesford is experiencing significant growth with substantial residential development planned for the community. Whether you are looking to expand your investment portfolio, establish your own business, or create an owner occupied live-work property, this one deserves a closer look. All meas. approx. and taken from MPAC and Seller. Also MLS #X13642234

Sold data

Homes in Zorra (Thamesford) — recent sold market

Homes in Zorra (Thamesford) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 50, across 30 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.

The median sale price was $701,200.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$701,200
Sale-to-list ratio
98.0%
Sold above asking
17%

Based on 30 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 133 DUNDAS STREET W