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216B MAIN STREET, North Perth (Elma) — listed at $399,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
INCOME PROPERTY. UPDATED. HIGH TRAFFIC. Investment opportunity in the heart of Atwood! This versatile property offers endless possibilities-live upstairs while renting out the commercial space, operate your own business below and enjoy the convenience of living where you work, or add a unique mixed-use property to your investment portfolio. The commercial space is ideally located in Atwood's downtown core, just steps from the park and swimming pool, and offers ample square footage for a variety of potential uses. Utilities can also be separated, adding flexibility for owners and investors. Two parking spaces are available at the rear of the property. The spacious upper-level apartment offers two bedrooms, a full bathroom, kitchen, two separate living spaces, and a deck off the back of the home-providing plenty of room to spread out. The property has been extensively updated over the past 30 years, with recent improvements including updated vinyl plank flooring and fresh paint throughout in 2025, a new water heater and heat pump in 2025, roof in 2022, and gas furnace in 2016. Electrical and plumbing have also been updated. A fantastic opportunity to invest, live and work in one convenient location, or generate rental income in the growing community of Atwood! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | 2.25 x 3.66 meters |
| Utility room | Main level | 1.75 x 2.39 meters |
| Bathroom | Main level | 1.7 x 2.65 meters |
| Bedroom | Second level | 2.32 x 3.14 meters |
| Bedroom | Second level | 2.3 x 4.16 meters |
| Bedroom | Second level | 2.83 x 5.45 meters |
| Kitchen | Second level | 2.78 x 3.7 meters |
| Other | Main level | 3.59 x 6.62 meters |
| Other | Main level | 4.83 x 5.55 meters |
| Other | Main level | 5.46 x 4.57 meters |
| Office | Main level | 3.23 x 3.02 meters |
Who is 216B MAIN STREET best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is this a good starter home?+
At $399,000, this is priced in starter-home territory for North Perth (Elma). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2-storey single family. The 2 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $1,671, heating is heat pump, forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is heat pump, forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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