For Sale: 520 Main Street W, Shelburne, ON - REW
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$1,899,999
0 bd • ba • 6840 sf • Multifamily
520 Main Street W
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$1,899,999
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520 Main Street WShelburne Area, ON, L0N 1S6

  • 0 Bed
  • Bath
  • 6840 Sqft
  • Multifamily

About this home

For Sale by Owner. Click on "More Information" Link Below. Refined & Investor-Focused For Sale: Fully Tenanted 9-Plex on 2.8 Acres - Prime Main Street Frontage, Shelburne. Rare opportunity to acquire a fully tenanted, cash-flowing 9-unit apartment building situated on an expansive 2.8-acre parcel in the rapidly growing Town of Shelburne. This well-maintained, two-storey building offers immediate income with long-term upside, making it ideal for investors seeking stability today and development potential tomorrow. Property Highlights: 9 Residential Units Total. 5 Two-Bedroom Units. 3 One-Bedroom Units. 1 Bachelor Unit. Approx. 6,800 sq. ft. of rentable area. Built in 1978. Metal Roof. Individually Metered Hydro. Municipal Water. Recently Updated Septic System.Updated Fire Alarm & Smoke Detection. System Coin Laundry Income (~$4,000 annually) 10+ On-Site Parking Spaces. Main Street West Frontage. Financial Overview: Current Gross Income: Over $12,000/month. Annual Gross Income: ~$144,000+ Strong Upside to Market Rents. Low Utility Exposure due to separate metering. Taxes: $17,582.20. Hot Water Tanks: Rentals at $44.78/month (both. Zoning & Future Potential: The property is located within one of Shelburne's largest designated development areas, offering compelling long-term land-banking potential. The site is already on municipal water and is in close proximity to municipal sewers, positioning it well for future redevelopment subject to buyer due diligence and municipal approvals. Shelburne continues to experience sustained population growth and residential demand, making this an excellent opportunity to hold, improve cash flow, and position for future value creation. Showing Instructions: No interior showings prior to an accepted conditional offer. 48-hour irrevocable on all offers. Financials available to qualified buyers (id:63626)
Listed by: Enas Awad, Broker of Record, Enas Awad

Home facts and features

Price details
List Price
$1,899,999
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Gross Taxes for 2026
$17,582
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
10
Property Type
Multifamily
Lot Size
130 ft x 0 ft (2.78 - 2.79 acres)
Depth
Frontage
130.0 feet
Heating Type
Baseboard heaters
Features
Irregular lot size
Agent details
Primary Agent
Enas Awad
Primary Broker
Enas Awad
Listing details
Days on REW
131 Days
MLS® Number
X12733634
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Property Insights

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Broker of Record
Enas Awad
Phone:
(905) 962-8814
Cell:
(905) 962-8814
Office:
855-595-5096
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