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For Sale

504 Andrew Street

Shelburne, Shelburne, ON
$1,699,999
8Bd
4Ba
1,750+sqft
7Parking
60 x 150 ftlot
$971/sqft
MultiplexMLS# X13112900Listed 2026-05-1121 DOM
Basement
Finished

About this home

Thinking about venturing into the world of residential leasing - start with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity is fully tenanted and offers great income and cap rate. See attached income/expense information.

Features

  • Separate Hydro Meter
  • Finished
  • Full
  • Wall Unit(s)
  • Bungalow-Raised

Financials

Annual Taxes
$4,585

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield3.2% – 4.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Shelburne

Days on market21 days
Buyer's MarketSeller's Market

Based on active listings in Shelburne. Data updates daily.

Our estimate for this home

Priced 117.6% above estimate
Estimated range
$723K$840K
Mid-point $781K · ~$446/sqft
How this listing compares
$723KList · $1.70M$840K
High confidence·Based on 125 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,699,999
504 Andrew Street, Shelburne
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