For Sale

504 Andrew Street, Shelburne, Ontario L9V 2Z1

$1,724,900

504 Andrew Street, Shelburne, Ontario L9V 2Z1 is For Sale and has a listing price of 1,724,900. The property is located in the Shelburne neighbourhood . It's been on the website for 48 Days.

  • Fourplex
    Property Type
  • 8
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12061421
  • Office Name ROYAL LEPAGE RCR REALTY
Property Description

An outstanding investment opportunity for a solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. The building has a brick exterior and is sited on a spacious 60 ft. x 150 ft. lot. The building has 4 individual hydro meters and 4 water meters. Each unit features 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 2024, 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, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information.

Property Details
  • Bedrooms: 8
  • MLS ID: X12061421
  • Bathrooms: 4
  • Price: $1,724,900
  • Lot Depth: 150
  • Transaction Types: For Sale
  • Ref ID: X12061421
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Main Street East & Dufferin Street
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
04/04/2025 X12061421 $1,724,900 For Sale - -
04/04/2025 X12061424 $1,724,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Shelburne
  • $865,767 Average List Price
    based on 1 year
  • 6 New Listings
    based on 30 days
  • 84 Median Days on Market
    based on 1 year
  • List vs. Selling Price 175.43 % Up
  • Sold (12mo) 76
  • Rented (12mo) 36

  • 1 Month Change -27.3%
  • 3 Month Change -24.3%
  • 6 Month Change -16.4%
Walkscore
Property Type Distribution
  • All Houses
    91.83%
  • Commercial
    6.42%
  • Condo
    1.52%
  • Land for Sale
    0.23%
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style Bungalow-raised
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 7
  • Exterior Brick
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 2
  • Taxes: $4,385
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30 days TBA
  • Listing Entry Date: 04/04/2025 12:01:44
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