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Investment signal

$1,200,000

19A TRAFALGAR ROAD

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Beds

Baths

Sqft

Year

Type

Retail

Suite

Investment signal

Location nearby

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

About this home

Investment opportunity in the heart of the charming village of Hillsburgh, perfectly positioned to capitalize on the massive residential expansion currently transforming the community. This versatile property features approximately 1,900 sq ft of prime commercial space on the main level, currently occupied by a reliable tenant with a lease in place until February 2027, providing immediate and stable cash flow. Complementing the commercial component is a well-maintained 600 sq ft accessory apartment featuring 1 bedroom and 1 bathroom, also currently leased to provide secondary income. As major new home developments like Hillsburgh Heights and the Ballantry Homes master-planned community bring hundreds of new families and high-density residential units to the immediate area, the demand for local services and retail is poised for unprecedented growth. This surge in local population guarantees increased foot traffic and commercial vitality, making this an ideal holding for the savvy investor or an entrepreneur looking to secure a foothold in an emerging market. Situated just steps from the historic Main Street and the popular Elora-Cataract Trailway, this property offers the perfect blend of small-town character and future-proof economic potential. Don't miss your chance to own a piece of Hillsburgh's exciting future during this pivotal growth phase. (id:65958)

Subtype
Retail
Community
Rural Erin
Living area
2,500 square feet
Lot size
2,500 acres
Lot dimensions
2500
On market
Feb 4, 2026
Status changed
Apr 28, 2026
Annual tax
$8,253.19 (2025)
Zoning
R
Photos
3
MLS#
X12732006
Area
ERIN

Features and systems

Appliances

WasherDryer

Heating

Forced airNatural gas

Cooling

Fully air conditioned
Negative cash flow ~$1,294/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,362

Financing

Down payment$240,000
Loan amount$960,000
Mortgage$4,864/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$1,000
CapEx reserve$500
Vacancy loss$300

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $4,864/mo at 4.5% with 20% down, 30-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 28, 2026.

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