Waterford · N0E 1Y0
$649,900
$228 / sq ft1 months on market
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Positioned in the heart of downtown Waterford, 57 Main Street South presents a compelling opportunity for investors and entrepreneurs alike. This well-kept mixed-use building offers strong visibility along the town's main corridor, surrounded by local shops, community amenities, and steady foot traffic that supports long-term business success. The main level is home to a thriving convenience store-the only one of its kind in town-creating a built-in customer base and a rare competitive advantage. With the current owner preparing for retirement, there is immediate potential to step in and grow the business further. Expanded operating hours could significantly increase revenue, while existing income streams such as lottery commissions already contribute consistent monthly returns. Above, two residential units provide reliable supplementary income and flexibility. A spacious two-bedroom apartment and a bright studio unit offer strong rental appeal, making this property ideal for those seeking a live-work lifestyle or a fully tenanted investment. Located in a welcoming and steadily growing community within Norfolk County, Waterford continues to attract visitors and residents alike with its small-town charm, local events, and nearby outdoor attractions like the Waterford Heritage Trail. Its convenient proximity to Brantford and Simcoe further enhances its appeal for commuters and business owners. Whether you're looking to expand your investment portfolio or establish a business with built-in residential income, this versatile property offers both immediate returns and future growth potential in one of Norfolk County's most desirable small-town settings.
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This home is priced below most comparable listings — about 23% of comparable retail listings in Norfolk are asking less.
Based on 13 comparable active retail listings in Norfolk. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $649,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.