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28 Queen Street N
Tottenham New Tecumseth L0G 1W0

$619,900 /For Sale
Commercial

Main Photo: 28 Queen Street N in New Tecumseth: Tottenham Commercial for sale : MLS®# N14140074
Photo 1: 28 Queen Street N in New Tecumseth: Tottenham Commercial for sale : MLS®# N14140074
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Photo 39: 28 Queen Street N in New Tecumseth: Tottenham Commercial for sale : MLS®# N14140074
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N14140074
Bus Major:
Apts - 2 To 5 Units
Three-unit investment opportunity in the heart of downtown Tottenham! This brick row house offers architectural character, three self-contained residential units and current gross rental income of approximately $47,400 annually. Downtown Core (DTC) zoning provides potential for a range of commercial uses, subject to applicable requirements and approvals. An option for investors or buyers considering future personal occupancy with rental income from the other units, subject to existing tenancies. Charming front façade and a walkable location close to shops, restaurants, parks and amenities. Convenient access to Alliston and Honda Canada Manufacturing. Flat roof redone in 2015. No on-site parking; on-street and nearby municipal parking available. Main Floor: One-bedroom suite with high ceilings, spacious living room, updated 3-piece bathroom and eat-in kitchen with oak cabinetry and rear walkout. Shares a forced-air furnace with the basement unit. Second Floor: Bright two-bedroom suite with updated engineered hardwood flooring, large windows, eat-in kitchen, living room, 4-piece bathroom, ensuite laundry and separate electric baseboard heating. Basement: One-bedroom suite with a large living area, updated kitchen, updated 5-piece bathroom and ensuite laundry. Shares a forced-air furnace with the main-floor unit. Some photos have been digitally altered and/or virtually staged to remove tenant possessions and improve presentation.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Approx. Age:
100+
Total Area:
1418 sq. ft. Square Feet
Total Area:
1,418 sq. ft.
Lot Depth:
48'
Lot Frontage:
22'8"
Bedrooms:
4
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Zoning:
DTC
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
0
Possession Details:
Flexible
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$2,851.27 / 2026
Assessment:
$- / -
Simcoe
New Tecumseth
Tottenham
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
No
Seller Property Info Statement:
No
Gross income:
$47,000
Expenses Actual/Estimated:
Actual
Year Expenses:
8500
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Nov 02, 2026
Original Price:
Previous Price:
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    Ground Floor Unit
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    2nd Floor Unit
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    Basment Unit
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Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated November 2, 2026 at 07:15 PM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.