504 Andrew Street
Shelburne, ON
- 4 bath
- 3,500 sqft
- Investment
Expand your portfolio with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, fully tenanted. See attached income/expense information.
Listing Details
- Taxes (2025)
- $4,585
- Listed
- May 11, 2026
Price History
Listing history
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Property
- Age
- 31-50
- Lot Size
- 60 x 150 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Main Street East - Dufferin St.
- Zoning
- R5 & NVCA
- Parcel Number
- 341290047
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Inclusions
- 4 refrigerators, 4 stoves, 4 sets of washer/dryer, 4 hot water heaters
Community
Postal area L9V
- Population
- 17,750
- Private dwellings
- 6,657
- Median age
- 40
- Average household size
- 2.9
- Median household income
- $105,000
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 Shelburne · last 12 months
- Median sold price
- $640,000
- Homes sold
- 133
- Median days on market
- 34
- Sale-to-list price
- 96.8%
Based on 133 recorded sales of commercial properties in Shelburne over the last 12 months.
Listed by
ROYAL LEPAGE RCR REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,500 sq ft
- Price per sq ft
- $485.71
- Annual property tax
- $4,585
- Tax per sq ft
- $1.31
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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