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Exceptional Property

Talbot Line , Central Elgin

$2,490,000
null Bedrooms
null Bathrooms
2907.17 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Retail

Style

Other

Year Built

N/A

Square Footage

2907.17 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Explore this unique investment opportunity directly across the street from the St. Thomas Airport and only minutes from the highly anticipated Volkswagen EV Battery Gigaplant. The existing residential dwelling is currently tenanted. Features 2 bedrooms, a large living room, family room and eat-in kitchen as well as a large deck and outdoor space.Th...

MLS Number

X12076097

Listed By

KELLER WILLIAMS EDGE REALTY

Last Updated

Apr 24, 2025, 5:00 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Retail
Architectural Style
Other
Square Footage
2907.17

Climate Control & Utilities

Heating System
Natural gas, Other
Air Conditioning
Fully air conditioned
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

No historical records are currently available for this property.

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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