Sold for:Sold Mar 27, 2026
$617,750

132 First Avenue E

Shelburne, ON L9V 3K1

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 132 First Avenue E, Shelburne

2026-01-26
2026-03-28
Sold
Price
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MLS#
x12729634
2025-09-25
2026-01-26
Expired
Price
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2025-06-24
2025-09-24
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

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 3.81
    Main level, Picture Window, Ceiling Fan(s), Open Concept
  • Primary Bedroom4.36 x 3.97
    Main level, Hardwood Floor, 3 Pc Ensuite, Crown Moulding
  • Mud Room2.75 x 2.44
    Main level, B/I Shelves, W/O To Deck, Plank
  • Sunroom4.93 x 2.14
    Main level, South View, Finished, Picture Window
  • Foyer2.46 x 1.81
    Main level, Hardwood Floor, Staircase
  • Kitchen3.95 x 3.15
    Second level, Hardwood Floor, Quartz Counter, Combined w/Laundry
  • Living Room4.30 x 3.05
    Second level, Hardwood Floor, Closet, Crown Moulding
  • Bedroom 24.25 x 3.95
    Second level, Hardwood Floor, Closet, Crown Moulding
  • Primary Bedroom5.12 x 4.46
    Third level, Hardwood Floor, Vaulted Ceiling(s), Open Concept
  • Loft3.64 x 2.54
    Third 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.

$706,500Medium confidence
Based on 5 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Shelburne, ON
Minimum Down Payment Required:6.0%

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Minimum down payment

$36,775

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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=Total mortgage
$603,912$573,210$539,789$494,200
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$2,949monthly$2,799monthly$2,636monthly$2,413monthly
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Land Transfer Tax

Provincial

$8,830

Total Land Transfer Tax

$8,830

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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