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520 Main Street W
Shelburne Shelburne L0N 1S6

$1,899,999 /For Sale
Commercial

Main Photo: 520 Main Street W: Shelburne Commercial for sale : MLS®# X12733634
Photo 1: 520 Main Street W: Shelburne Commercial for sale : MLS®# X12733634
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12733634
Bus Major:
Apts - 6 To 12 Units
For Sale by Owner. Click on "More Information" Link Below. Refined & Investor-Focused For Sale: Fully Tenanted 9-Plex on 2.8 Acres - Prime Main Street Frontage, Shelburne. Rare opportunity to acquire a fully tenanted, cash-flowing 9-unit apartment building situated on an expansive 2.8-acre parcel in the rapidly growing Town of Shelburne. This well-maintained, two-storey building offers immediate income with long-term upside, making it ideal for investors seeking stability today and development potential tomorrow. Property Highlights: 9 Residential Units Total. 5 Two-Bedroom Units. 3 One-Bedroom Units. 1 Bachelor Unit. Approx. 6,800 sq. ft. of rentable area. Built in 1978. Metal Roof. Individually Metered Hydro. Municipal Water. Recently Updated Septic System.Updated Fire Alarm & Smoke Detection. System Coin Laundry Income (~$4,000 annually) 10+ On-Site Parking Spaces. Main Street West Frontage. Financial Overview: Current Gross Income: Over $12,000/month. Annual Gross Income: ~$144,000+ Strong Upside to Market Rents. Low Utility Exposure due to separate metering. Taxes: $17,582.20. Hot Water Tanks: Rentals at $44.78/month (both. Zoning & Future Potential: The property is located within one of Shelburne's largest designated development areas, offering compelling long-term land-banking potential. The site is already on municipal water and is in close proximity to municipal sewers, positioning it well for future redevelopment subject to buyer due diligence and municipal approvals. Shelburne continues to experience sustained population growth and residential demand, making this an excellent opportunity to hold, improve cash flow, and position for future value creation. Showing Instructions: No interior showings prior to an accepted conditional offer. 48-hour irrevocable on all offers. Financials available to qualified buyers upon request
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
6840 sq. ft. Square Feet
Total Area:
6,840 sq. ft.
Lot Depth:
457'3"
Lot Frontage:
130'1"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
D
Heating type:
Baseboard
Survey Available:
No
Garage:
None
Parking Spaces:
10
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$17,582.2 / 2025
Assessment:
$- / -
Dufferin
Shelburne
Shelburne
Major Highway
Hot Water Tanks
Existing refrigerators and stoves in each unit (9 sets), coin-operated laundry equipment
None
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Septic
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Chattels:
No
Outside Storage:
No
Date Listed:
Jan 27, 2026
Original Price:
$1,899,999
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Listed by Enas Awad
Data was last updated January 28, 2026 at 04:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

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When evaluating apartment buildings for sale, consider:

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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.