
132 First Avenue E
Shelburne, ON L9V 3K1
- 3Bedrooms
- 3Bathrooms
- 2Garage
- 2000–2500Sq Ft
- $3,806Tax
- 48×80 ftLot Size
- Estimated Value:$706,500See Free Estimate Report

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About 132 First Avenue E, Shelburne
Summarized Description
- Updated legal duplex with strong income potential
- Two fully self-contained units with private laundry
- Open-concept kitchen and spacious primary bedroom
- Third-storey loft with vaulted ceilings and office area
- Turnkey opportunity with fantastic tenants
- Significant capital improvements already completed
- Ideal for investors or multi-generational living
- Flexible layout allows easy reconversion to single residence
A beautifully updated legal duplex offering standout curb appeal, strong income potential, and thoughtful modern upgrades throughout. This well-maintained property features two fully self-contained units, each with private laundry, creating an ideal setup for investors or multi-generational living.The main floor unit is accessed through a private deck and welcomes you into a functional mudroom and an open-concept kitchen and living space filled with natural light. The spacious primary bedroom includes a generous ensuite, complemented by pot lights, crown moulding, and contemporary finishes that elevate the entire space.At the front of the home, a large enclosed sunroom leads into a grand foyer with an elegant wood staircase, setting the tone for the upper two-level unit. This residence blends charm and updates with hardwood flooring, an updated kitchen, modern bathroom, and two flexible bedrooms - one currently styled as additional living space. The highlight is the third-storey loft, featuring vaulted ceilings, oversized windows, a primary bedroom retreat with sitting or office area, pot lighting, and a beautifully upgraded three-piece bath.Significant capital improvements include gas radiant heating, sump pump with battery backup, metal roof, and more. The exterior offers a private driveway, lush landscaping, storage shed, and excellent outdoor space.Currently occupied by fantastic tenants who take pride in the property and wish to remain - with tenants paying all utilities - this is a true turnkey opportunity. The layout also allows for easy reconversion to a single large residence if desired.A rare opportunity to own a character-rich, income-producing property with modern comforts already in place. A smart investment with flexibility, stability, and long-term value.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,806
- Land Transfer Tax Fee
- $8,830
- Basement Type
- Full
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Sump Pump, Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
- Property Features
- Library, Park, Place Of Worship, Rec./Commun.Centre, School
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Brick
- Roof
- Metal
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 48.00 ft
- Lot Depth
- 80.00 ft
- Lot Size
- 48.00 x 80.00 Feet
- Lot Size Code
- 48.00 x 80.00 Feet
Inclusions
- Inclusions
- Light Fixtures, 2 Fridges, 2 Stoves, 2 Washers & Dryers, Built In Microwave (Upper Kitchen), Owned Hot Water Heater
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 3
- Kitchens
- 2
Room sizes
- Living Room4.26 x 3.81Main level, Picture Window, Ceiling Fan(s), Open Concept
- Primary Bedroom4.36 x 3.97Main level, Hardwood Floor, 3 Pc Ensuite, Crown Moulding
- Mud Room2.75 x 2.44Main level, B/I Shelves, W/O To Deck, Plank
- Sunroom4.93 x 2.14Main level, South View, Finished, Picture Window
- Foyer2.46 x 1.81Main level, Hardwood Floor, Staircase
- Kitchen3.95 x 3.15Second level, Hardwood Floor, Quartz Counter, Combined w/Laundry
- Living Room4.30 x 3.05Second level, Hardwood Floor, Closet, Crown Moulding
- Bedroom 24.25 x 3.95Second level, Hardwood Floor, Closet, Crown Moulding
- Primary Bedroom5.12 x 4.46Third level, Hardwood Floor, Vaulted Ceiling(s), Open Concept
- Loft3.64 x 2.54Third level, Hardwood Floor, Vaulted Ceiling(s), 3 Pc Bath
Washrooms
- 3-piece, Main
- 4-piece, Second
- 3-piece, Third
- Area
- Shelburne
- Municipality
- Shelburne
- Neighbourhood
- Shelburne
- Main cross streets
- First Ave East & William St.
- Zoning
- R2 Zoning / 2 Unit Converted Dwelling
- Directions
- First Ave East & William St.
- MLS® number
- X12729634
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-28
- Listed on
- 2026-01-26
- Days on market
- 61 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- RE/MAX REAL ESTATE CENTRE INC.
Home Market Value
Current home valuation for 132 First Avenue E, Shelburne, Shelburne, ON. Listed for $617,750
HOMEH Estimate
$706,500
Estimated Sales Range
$558,135 - $854,865
HOMEH Estimate for 132 First Avenue E, Shelburne
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $117,750 over $500K
$36,775
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $23,227 | $17,235 | $14,702 | $0 |
=Total mortgage | $603,912 | $573,210 | $539,789 | $494,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,949monthly | $2,799monthly | $2,636monthly | $2,413monthly |
Land Transfer Tax
$8,830
$8,830
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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