314 Main Street E, Shelburne

$649,900
314 Main Street E

$649,900

New
16d
Detached1 1/2 Storey

314 Main Street E, Shelburne

Total Monthly Obligation $3,409

Beds
4
Baths
3
Park
6
Sqft
2000-2500
DOM
16d
Score
20
Yield
5.5%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X13875150
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-49.5 × 148.5 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,945 (2026)
Parking-6 - None
Basement-Unfinished
Heating-Radiant (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-None
Laundry-No
Fireplace-Freestanding, Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Other
Sewer-Sewer
Possession-flexible
Neighbourhood-Shelburne
Title-Residential Freehold

No agent assigned

Welcome to 314 Main Street East, a beautifully preserved 1930s Craftsman home in the heart of Shelburne. A 2-storey home that feels and functions like a bungalow, this 4-bedroom, 3-bathroom property offers over 2,000 sq. ft. of living space, original character, and a flexible layout designed for everyday living. Step inside to find original wood trim, solid wood doors, detailed mouldings and charming built-ins that showcase the craftsmanship of this special home. The spacious living room features a wood-burning fireplace with built-in shelving and library lamps, flowing into a generous dining room made for family dinners and entertaining. The bright eat-in kitchen offers plenty of cabinetry and counter space, along with a cozy gas fireplace that adds an unexpected touch of warmth. The main floor offers a spacious primary bedroom with double closets and a 3-piece ensuite, making one-level living comfortable and convenient. Upstairs, three additional bedrooms include a second spacious primary retreat with wood floors, a walk-in closet and a charming built-in window seat, along with an updated 3-piece bathroom. Outside, enjoy the privacy of a beautifully landscaped backyard with a large deck, established gardens and plenty of space for summer BBQs, entertaining or simply relaxing. With driveway access from Main Street plus a rear laneway, there is parking for up to six vehicles. Ideally located in the heart of Shelburne, within walking distance to shops, schools and amenities, with excellent potential for a home-based business. A special property that blends the character and craftsmanship of a century home with the comfort, flexibility and convenience of everyday living in town.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,409/mo
Mortgage $2,622
Monthly Loss $2,719
Principal$690
Interest$1,932
Property Tax$412
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
20.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,484/yr
NOI
$22,491/yr
Net Cash Flow
-$747/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7111
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
25.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 314 Main Street E

Time

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