Featured Imagery

Exceptional Property

226 First Avenue, Shelburne

$219,900

null Bedrooms

1 Bathrooms

1300 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Business

Style

Other

Year Built

N/A

Square Footage

1300 square feet

Bedrooms

N/A

Bathrooms

1 Bathroom

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Be your own boss with this thriving automotive repair facility. The Lubinator is well established with a great reputation and established clientele. Prime location in the Giant Tiger Plaza - lots of parking and easy walk to downtown. **EXTRAS** Lots of chattels and equipment (list available) - solid lease (4 yrs) with cooperative landlord willing...

MLS Number

X8482660

Listed By

RE/MAX REAL ESTATE CENTRE INC.

Last Updated

Feb 8, 2025, 2:45 a.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

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Property Specifications

Property Type

Business

Architectural Style

Other

Square Footage

1300

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

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Property Timeline

Historical transactions and listing information

New

MLS# X8482660

List Date

Jun 27, 2024, 1:34 p.m.

List Price

$219,900

Property Type

Sale

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

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

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

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.

Analysis Period:

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.