$349,000
250 MAIN STREET S
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location 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.
About this home
Rare opportunity to own a prime vacant commercial lot on Main Street in the heart of Mount Forest. This C1-zoned property offers exceptional exposure in a thriving and growing community, making it ideal for a wide range of commercial uses. Municipal approvals are already in place, including a fully approved site plan agreement and drawings for a proposed mixed-use building featuring commercial space on the main level with residential units above. All preliminary work has been completed-simply obtain your building permit and start construction. Located in a high-traffic, established marketplace within the vibrant town of Mount Forest, known for its strong community amenities and steady population growth, this property presents an outstanding investment opportunity for builders, developers, and business owners alike. (id:65958)
- Subtype
- Vacant Land
- Community
- Mount Forest
- Living area
- 6,458 square feet
- Lot dimensions
- 31.02 x 234.3 FT
- On market
- Nov 28, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $3,499 (2025)
- Zoning
- C1
- Photos
- 10
- MLS#
- X12584346
- Area
- WELLINGTON_NORTH_(MOUNT_FOREST)
Cash on cash
3.25%
Cap rate
5.51%
GRM
12.1
Break-even rent
$2,201
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.