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MLS® X12766598
Wellington North, ON
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.
Exclusions
All tenants belongings
Broker
Keller Williams Home Group Realty
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Commercial Retail
157 Main Street N Wellington North
Wellington North
Built
100+
Type
Commercial Retail
Parking
None
Property Tax
~$7,983/yr
Heating
Baseboard
Buying Essentials
Square Feet
14424 sqft
Parking
None
Finances
List Price
$1,250,000
Price per SQFT
$86.66/sqft
Property Tax
~$7,983/yr
Property Specs
Property Type
Commercial Retail
MLS Size
14424 sqft
Age of Building
100+
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Wellington North
Listed On
Feb 6, 2026
Days on Market
Current: 274 days
Room information is not available for this listing.
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