157 Main Street N Wellington North, Ontario N0G 2L2
$1,250,000
Excellent investment opportunity in the heart of downtown Mount Forest. This well-maintained and nicely updated mixed-use property offers strong current income with significant upside potential. The building includes two main-floor retail commercial units in a high-visibility downtown location, along with seven residential apartments consisting of four one-bedroom units, two two-bedroom units, and one studio apartment. The property benefits from plenty of on-site parking, and two additional storage buildings on the site provide excellent potential for further development, expansion, or additional revenue streams. With opportunities to improve operating efficiencies and increase rental income over time, this property represents a solid value-add investment. Ideal for investors seeking a stable return with long-term growth potential in a prime downtown setting. (id:63008)
Property Details
| MLS® Number | X12766598 |
| Property Type | Retail |
| Community Name | Mount Forest |
| FarmType | Other |
| ParkingSpaceTotal | 15 |
Building
| Age | 100+ Years |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| SizeInterior | 14424 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 238 Ft |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 238 Ft |
| SizeTotalText | 60 X 238 Ft |
| ZoningDescription | Commercial C1 |
Malcolm Crooks
Broker
135 St David Street South Unit 6
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Melissa Seagrove
Broker
135 St David Street South Unit 6
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Ted Mcdonald
Salesperson
135 St David Street South Unit 6
Fergus, Ontario N1M 2L4
Dianne Snyder
Salesperson
135 St David Street South Unit 6
Fergus, Ontario N1M 2L4
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February 08 2026 05:49:24
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Keller Williams Home Group Realty