Welcome to this remarkable commercial retail located in the coveted neighborhood of Elma. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
INCOME PROPERTY. UPDATED. HIGH TRAFFIC. Investment opportunity in the heart of Atwood! This versatile property offers endless possibilities-live upstairs while renting out the commercial space, operate your own business below and enjoy the convenience of living where you work, or add a unique mixed-use property to your investment portfolio. The commercial space is ideally located in Atwood's downtown core, just steps from the park and swimming pool, and offers ample square footage for a variety of potential uses. Utilities can also be separated, adding flexibility for owners and investors. Two parking spaces are available at the rear of the property. The spacious upper-level apartment offers two bedrooms, a full bathroom, kitchen, two separate living spaces, and a deck off the back of the home-providing plenty of room to spread out. The property has been extensively updated over the past 30 years, with recent improvements including updated vinyl plank flooring and fresh paint throughout in 2025, a new water heater and heat pump in 2025, roof in 2022, and gas furnace in 2016. Electrical and plumbing have also been updated. A fantastic opportunity to invest, live and work in one convenient location, or generate rental income in the growing community of Atwood!
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This commercial retail located at 216B Main Street, North Perth is currently for sale and has been available on SousaSells for 1 day. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 0 beds, 2 bathrooms, and is unknown square feet. 216B Main Street, North Perth is in the Elma neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Elma, North Perth.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 216B Main Street, North Perth, ON in Elma, North Perth is $399,000.
This property features null bedrooms and 2 bathrooms.
216B Main Street, North Perth, ON is a Commercial Retail () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Yes.
Elma, North Perth
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 216B Main Street, North Perth, ON N0G 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in North Perth.
About Purchasing a Home in North Perth, ON
For a property listed at $399,000 in North Perth, the legal minimum down payment is $19,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,460 for this transaction. As this listing is in North Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,460.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Elma, North Perth.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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