For saleMLS® X13850860

29 King Street, North Dundas, ON K0C 1H0

705 - Chesterville, North Dundas · Near County Road 11 · View map

$439,000
4100Sq ft
InvestmentType
NoneParking
$6,643/yrTaxes
$439,000
FreeholdNo monthly condo fee
Lot 71.8 x 82.5 ftThe land comes with the home

About this home

Investment & Redevelopment Opportunity in Chesterville's charming waterfront district, this versatile multi-tenant property offers immediate, reliable cash flow paired with exceptional value-add upside. Whether you are looking to hold for strong ongoing yield or build out a landmark high-density footprint, this site provides the perfect balance of income and opportunity. Financial Highlights & Income Potential: In-Place Revenue: Currently generating $2,800/month ($33,600/year) from two fully occupied residential apartments ($2,000/mo combined) and an established chip truck lease ($800/mo). Pro Forma Gross Income: Lease up the remaining vacant spaces to drive gross revenue to $5,300/month ($63,600/year) -nearly doubling your current income with minimal immediate capital expenditure: Residential (4 Units Total): 2 occupied units + 2 vacant units ($1,000/mo each pro forma).Commercial (2 Spaces Total): 1 leased chip truck spot + 1 vacant commercial unit ($1,500/mo pro forma). Development & Value-Add Upside Near-Term Strategy: Immediate cash flow covers holding costs while you lease up vacant units or plan your future development. Assembly & Zoning Scale: Permissive GM (General Mixed-Use) zoning supports a 10-12 unit apartment building on this single lot. A rare find for income-focused buyers, developers, and land-assembly investors alike. Schedule your private showing today to unlock this site's full potential! HST is only applicable to the Commercial part of this property which is approx 25% of the entire property.

The home

Type
Investment
Square footage
4100 sq ft
Lot size
71.8 x 82.5 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Partial

Garage & parking

Total parking
None

Taxes & other

Property taxes
$6,643/yr
Tax year
2025
Occupancy
Tenant
Possession
Immediate
Cross street
County Road 11
Neighbourhood
705 - Chesterville

More

MLS® number
X13850860

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,324per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    29 King Street, North Dundas, ON K0C 1H0

    705 - Chesterville, North Dundas · Near County Road 11

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    Sold history

    Listing history for 29 King Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 29 King Street

    Answers come straight from this home’s MLS® listing.

    How much is 29 King Street listed for, and what would it cost each month?

    29 King Street is listed for $439,000. With 20% down ($87,800), the mortgage payment would be roughly $1,771 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,324 a month, all in. That figure is an illustration, not a quote.

    Is 29 King Street freehold or a condo, and is there a monthly fee?

    29 King Street is a investment in 705 - Chesterville, North Dundas. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 29 King Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 29 King Street?

    29 King Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 29 King Street, and what is the lot size?

    The lot is listed as 71.8 x 82.5 ft.

    How is 29 King Street heated and cooled?

    Heating is gas forced air open. Cooling is partial.

    What are the property taxes for 29 King Street?

    Property taxes are $6,643 a year (2025), or about $554 a month.

    Where is 29 King Street?

    29 King Street is in the 705 - Chesterville community of North Dundas. The nearest main intersection is County Road 11. The postal code is K0C 1H0.

    Is 29 King Street still for sale?

    Yes. It is an active listing (MLS® X13850860). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 29 King Street asking?

    Similar properties for sale nearby right now include 490 Main Street at $435,000, 13210 RIVER Road at $429,000 and 242 Queen Street at $544,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 29 King Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 29 King Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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