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Investment signal

$1,735,000

141-145 MAIN STREET N

Beds

Baths

Sqft

Year

Location

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About this home

Solid core commercial investment property in downtown Mount Forest. 11 units, 9 residential and 2 commercial plus a small on site laundromat. On site storage. Extensively renovated. Showing good return. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
Mount Forest
Living area
10,161 square feet
Lot dimensions
42.53 x 234.3 FT
On market
Oct 1, 2025
Status changed
Apr 14, 2026
Annual tax
$6,123 (2025)
Zoning
C1
Photos
19
MLS#
X12437412
Area
WELLINGTON_NORTH_(MOUNT_FOREST)

Features and systems

Heating

Forced airNatural gas

Cooling

None
Negative cash flow ~$3,318/mo at these assumptions

Cash on cash

-11.47%

Cap rate

3.59%

GRM

16.7

Break-even rent

$12,168

Financing

Down payment$347,000
Loan amount$1,388,000
Mortgage$8,515/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$795
Insurance$80
Maintenance$1,446
CapEx reserve$723
Vacancy loss$434

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Wellington North (Mount Forest). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $8,515/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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