331 Erie St, Central Elgin, Ontario N5L 1E3
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Highlights
Estimated ValueNot available
Price/Sqft$458/sqft
Est. Mortgage$5,368/mo
Tax Amount (2024)$4,828/yr
Days On Market168 days
Description
Add this very Low-Maintenance 2798sf Triplex, detached 20x33' Double Car Garage and large property to your portfolio today! Fully tenanted by Sept 1st with 3 excellent long term tenants paying current market rents and on one year leases. Low Taxes! All fully renovated modern units (2022) each with their own hydro meter and upgraded insulation between units, Exterior is all metal-clad, new Kitchens, new Baths, new finishes, original hardwood flooring thru all 3 units with new flooring added. Unit #1: 3 large bedrooms, 1 full 4pc bath, approx 1200sf on 2 levels; Unit #2: 1 bdrm, 1 full 3pc bath, approx 675sf on 2 levels; Unit #3: 1 bdrm + den, 1 full 4pc bath, open concept, one floor, approx 700sf including the sunroom. Laundry in all units, plus all appliances included in sale. Immediate possession. Buyer will assume all Tenants. Convert any unit into a short term rental when a tenant leaves. Bldg is a Legal Non-Conforming Triplex under the current R1 zoning. 24 hrs notice to show for tenants, and serious inquiries only. Listing Agent will be onsite for all showings. Please use the media tab for virtual walkthroughs (iGuide Tour links on the floorplan) of all 3 units. Contact Listing Agent for more information and to book your showing via BB.
Property Details
Interior
Features
Main Floor
Dining
2.41 x 1.88Living
4.55 x 4.08Kitchen
3.02 x 2.44Living
4.59 x 5.00Exterior
Features
Parking
Garage spaces 2
Garage type Detached
Other parking spaces 6
Total parking spaces 8