134 MAIN STREET S, Wellington North (Mount Forest)134 MAIN STREET S, Wellington North (Mount Forest) — photo 2134 MAIN STREET S, Wellington North (Mount Forest) — photo 3134 MAIN STREET S, Wellington North (Mount Forest) — photo 4134 MAIN STREET S, Wellington North (Mount Forest) — photo 5134 MAIN STREET S, Wellington North (Mount Forest) — photo 6134 MAIN STREET S, Wellington North (Mount Forest) — photo 7134 MAIN STREET S, Wellington North (Mount Forest) — photo 8134 MAIN STREET S, Wellington North (Mount Forest) — photo 9
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For Sale · Retail

134 MAIN STREET S, Wellington North (Mount Forest)

134 MAIN STREET S, Wellington North (Mount Forest), ON N0G2L0

$1.4M total

4,000 SF

Asset Class

Retail

Size

4,000 SF

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

$350

Occupancy

83%

About this property

Exceptional mixed-use investment opportunity in the heart of Mount Forest. Originally constructed circa 1903, this well-maintained and extensively renovated 10-unit building features 2 commercial units and 8 residential apartments. The property offers approximately 3,000 sq. ft. of main floor commercial space, a full high and dry basement, excellent signage, forced air gas heating, central air conditioning, rear parking, storage lockers, and coin-operated laundry. The building has been extensively renovated over the years, with the roof replaced in 2013. Long-term commercial tenants, including Pizza Hut, together with stable residential occupancy, provide reliable cash flow and excellent future upside. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.40M
Down payment30% · $420K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$63K

Annual cash flow

$-14K

Cash-on-cash

-3.36%

DSCR

0.82

Going-in cap

4.53%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics3,300 SF2028-01

Area demographics

Trade area within 3 miles of the property.

Population

40,780

Households

14,320

Median income

$103,500

Median age

45.1

Daytime population

59,994

5-yr growth

7.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 134 MAIN STREET S, Wellington North (Mount Forest).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.