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29 SYKES STREET N, MEAFORD
2026-09-30
Quick Summary
- Location
- 29 SYKES STREET N, MEAFORD, Ontario N4L1V9
- Price
- $1,685,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 7850 sqft
- Garages:
- 1
MLS®#X13842530
Property Description
In the heart of downtown Meaford, this fully tenanted mixed-use building presents an opportunity to acquire an established, income-producing asset with prominent Main Street frontage. Comprised of approximately 4,800 sq ft of main-floor commercial space and two residential units above, the property combines strong in-place income with future upside in a market attracting continued interest from investors and end users. The main-floor commercial space has been extensively modernized with updated flooring, lighting, drywall, washrooms and mechanical systems, creating a clean and functional environment for long-term tenancy. A current commercial lease provides dependable income from day one. At the rear, a truck-height loading door offers practical access, while an additional approximately 500 sq ft space provides flexibility for storage, service use or potential additional income. A large, dry basement offers further underutilized space. Above, two bright, two-storey residential units feature large windows and 10-foot ceilings. The two-bedroom unit has been updated with a new kitchen and bathroom, while the three-bedroom unit has been freshly painted and retains original character details. Recent capital improvements include roof resurfacing at the rear in 2023 and front in 2024, electrical panel updates, a new furnace and air conditioning, helping to minimize near-term capital requirements. Beyond the existing income streams, the property offers longer-term value-add potential through future rent growth and repositioning. Existing site plan approvals allow for future intensification, including a rear addition, providing flexibility to increase both scale and returns over time. A well-located Main Street holding offering immediate cash flow, established tenancy and multiple avenues for future growth. Financials available upon request. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Highway, Ski hill
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 7850 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Land Size: 44.92 x 132.16 FT
Zoning
- Description: C1
Information entered by Forest Hill Real Estate Inc.
Listing information last updated on: 2026-09-30 13:59:35
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Kevin Boughen Realtor
- Phone:
- (416) 509-4047
- Email:
- onepercentatblue@gmail.com
- Support Area:
- Collingwood, Blue Mountain, The Blue Mountains, Thornbury, Meaford, Wasaga Beach, Stayner
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