157 Main Street
Wellington North, ON
- 14,423 sqft
- Commercial Retail
- 215 days on market
Excellent investment opportunity in the heart of downtown Mount Forest. This well-maintained and nicely updated mixed-use property offers strong current income with significant upside potential. The building includes two main-floor retail commercial units in a high-visibility downtown location, along with seven residential apartments consisting of four one-bedroom units, two two-bedroom units, and one studio apartment. The property benefits from plenty of on-site parking, and two additional storage buildings on the site provide excellent potential for further development, expansion, or additional revenue streams. With opportunities to improve operating efficiencies and increase rental income over time, this property represents a solid value-add investment. Ideal for investors seeking a stable return with long-term growth potential in a prime downtown setting.
Listing Details
- Taxes (2025)
- $7,983
- Listed
- February 6, 2026
Price History
Property
- Age
- 100+
- Lot Size
- 60 x 238 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Birmingham St & Wellington St
- Zoning
- Commercial C1
- Parcel Number
- 710640094
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Other
Included
- Exclusions
- All tenants belongings
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area N0G
- Population
- 86,935
- Private dwellings
- 35,896
- Median age
- 40.8
- Average household size
- 2.6
- Median household income
- $83,000
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
Commercial in Wellington North · last 12 months
- Median sold price
- $558,500
- Homes sold
- 190
- Median days on market
- 46
- Sale-to-list price
- 96.0%
Based on 190 recorded sales of commercial properties in Wellington North over the last 12 months.
Listed by
Keller Williams Home Group Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 14,423 sq ft
- Price per sq ft
- $86.67
- Annual property tax
- $7,983
- Tax per sq ft
- $0.55
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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