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28 Sykes Street N
homes for sale · Meaford
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$795,000

28 Sykes Street N

Meaford · MLS® X13661940

322

House · Single Family · 74 days on market

listed by MIKE MULLIN, ROYAL LEPAGE RCR REALTY

realtor's description

Positioned in the heart of downtown Meaford, 28 Sykes Street N presents a versatile mixed use property with CG zoning, offering an exceptional opportunity for investors or those seeking a turn key residential recreational lifestyle on Georgian Bay with the added benefit of commercial income to help pay the mortgage. Located just one block from the Meaford Harbour and Marina, approximately 30 minutes to the ski hills, and within walking distance to restaurants, shops and the Meaford Hall theatre, this property combines lifestyle and investment potential in one address. The main floor is currently tenanted, providing immediate income from the commercial unit. The upper residential unit offers approximately 1250 sq ft with three bedrooms, a full kitchen, living and dining areas, mudroom, in suite laundry, and a walk out to a large private deck. The street level commercial unit offers approximately 1400 sq ft with direct frontage on Sykes Street, approximately 9 foot ceilings, and an established tenant already in place. Separate heating systems include a natural gas furnace for the commercial space and a natural gas boiler for the residential unit. Additional features include a dry basement for storage and two deeded parking spaces. Whether you're looking to expand your investment portfolio or enjoy the convenience of downtown Meaford while offsetting ownership costs with commercial income, 28 Sykes Street N delivers location, flexibility, and long term value. Back portion of roof (2015), Roof (2024), Commercial unit renovated (2025), Water heater (2025), Kitchen & laundry (2022), Basement cast iron piping replaced with PVC (2018), Roof top deck, stairs & fencing (2017), Front facade new brick (2016)

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property details

type
House, Single Family
bedrooms
3
bathrooms
2
parking
2
property tax
$4,543 / yr
days on market
74
MLS®
X13661940

features

  • Community Centre
  • Water Heater

monthly cost

$3,842/mo
Mortgage $3,464 · Tax $379

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,464/ monthly
loan $636,000
25-year amortization
total interest
$403,122
cash to close
$159,000
down payment; transfer tax and fees not included
total paid
$1,039,122

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
MIKE MULLIN
ROYAL LEPAGE RCR REALTY
call MIKE · 519-827-2119
Powered by: REALTOR.ca

location

MeafordGoogle Maps ↗

location

MeafordGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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