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Reduced $30,100 (15%) from $195,000
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209 1 Street N
Unique opportunity in the Town of Vulcan! This well-maintained and extensively updated home is situated on a commercially zoned lot, offering flexibility for buyers looking to combine residential living, revenue potential, and future development possibilities. Inside, the home has undergone significant renovations in recent years, blending modern updates with the character and charm of an older home. The kitchen is equipped with newer appliances, including refrigerator, stove, and dishwasher, along with a stacking washer and dryer. Additional updates include shingles replaced in 2023 and two windows updated in the same year. The property also features a fenced backyard, adding privacy and functionality for everyday living. A hot tub is included in the sale (never connected and sold in “as is” condition). With its layout and updates, this home offers comfortable owner-occupied living. The sellers have indicated that furniture, dishes, and other non-personal items are negotiable, creating the possibility of a turn-key investment or move-in-ready option. Whether you’re looking for a place to call home, an income-generating property, or a site with future commercial upside, this is a versatile opportunity worth exploring. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 5.83 Ft x 8.00 Ft | |
| Living room | 15.42 Ft x 11.92 Ft | |
| Bedroom | 9.83 Ft x 6.75 Ft | |
| 4pc Bathroom | 4.83 Ft x 6.58 Ft | |
| Kitchen | 11.67 Ft x 10.08 Ft | |
| Primary Bedroom | 11.58 Ft x 8.58 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 13, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.