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131 Main Street

131 Main Street

Dresden, Ontario

  • Multi-family
$1,375,000

TURNKEY CASH COW! Mixed-use investment opportunity in the heart of downtown Dresden. Fully occupied property features 5 residential units and 1 commercial unit, all leased at market rents. The building has undergone a complete top-to-bottom renovation, stripped back to the original brick walls and rebuild with new electrical, plumbing, mechanical systems, insulation, drywall, flooring, fixtures and finished throughout. All permits were obtained, inspections completed, and occupancy approval granted by the municipality. MLI Select qualified to qualified Buyers, offering potential access to attractive CMHC-insured financing. Coin-op laundry. On site parking. See documents for unit breakdown.

Price History

Schools

Elementary

  • Dresden Area Central School0.5 km

    Public · Lambton Kent DSB · 390 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 37% met the provincial standard

Secondary

  • Lambton Kent Composite School0.7 km

    Public · Lambton Kent DSB · 350 students

    Grade 10 literacy: 78% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0P

Population
53,140
Private dwellings
23,162
Median age
46
Average household size
2.4
Median household income
$80,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Dresden · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of multi-family properties in Dresden over the last 12 months.

Walk Score

67

Walk

53

Bike

Scores by Walk Score®

Location

Street View

Mortgage Calculator

$275,000

Estimated Monthly Payment

$6,755

Land transfer tax

Estimated land transfer tax$23,975

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,755/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $344/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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