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Investment signal

$900,000

8410-8408 HIGHWAY 3

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Beds

3

Baths

1

Sqft

Year

1961

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

A rare triple threat on the Grand River! This incredible package includes two properties (8408 & 8410 Hwy 3) sold together, featuring two homes and a massive 4,265 sq ft detached shop. This is the ultimate setup for a home-based business, car enthusiast, or serious hobbyist. The main residence offers incredible potential with a newer kitchen and hardwood flooring on-site, ready for your finishing touches. The second home is a fixer-upper blank canvas, perfect for a guest house or rental income. All of this is situated on a sprawling lot that backs directly onto the Grand River. Whether you need the unparalled shop space, a multi-generational living solution, or a waterfront retreat, this property delivers scale and opportunity that is nearly impossible to find elsewhere. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
061 - Dunnville Municipal
Common interest
Freehold
Living area
1,398 square feet
Lot size
3.78 acres
Lot dimensions
3.784
Bedrooms
3 above grade, 0 below grade
Parking
20 total
Stories
1
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Annual tax
$16,510
Zoning
D A1
Photos
50
MLS#
40823935
Area
DUNNVILLE

Features and systems

Parking

Attached Garage

Basement

UnfinishedFull

Appliances

RefrigeratorDishwasherStoveMicrowave Built-in

Heating

Forced air

Cooling

Central air conditioning

Exterior

ConcreteBrick Veneer

Construction

Concrete blockConcrete Walls

Foundation

Block

Lot

Country residential

View

River view

Waterfront

Waterfront on river
Negative cash flow ~$991/mo at these assumptions

Cash on cash

-6.60%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,543

Financing

Down payment$180,000
Loan amount$720,000
Mortgage$3,648/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$413
Insurance$80
Maintenance$750
CapEx reserve$375
Vacancy loss$225

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 $3,648/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 24, 2026.

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