331 Erie Street, Central Elgin (Port Stanley), ON, N5L 1E3 - investment for sale | Listing ID X9035576

331 ERIE STREET, Central Elgin (Port Stanley), Ontario, N5L 1E3 Map Image

Investment For Sale In Central Elgin (Port Stanley), Ontario

$1,250,000

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Type: Crawl space
Construction Status: Insulation upgraded
Exterior Finish: Steel
Fire Protection: Smoke Detectors
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 3
Access Type: Year-round access
Features: Flat site, Dry, Carpet Free
Irregular: Yes
Lot Depth: 132.0 Feet
Lot Frontage: 66.0 Feet
Lot Size: 66 x 132 FT
Structure Type: Porch, Deck
Utility Type: Cable - Available, Sewer - Installed
View Type: View of water, Lake view
Zoning: R1
Sewer: Sanitary sewer
Parking Type: Detached garage
No. of Parking Spaces: 8

Rooms:

Bathroom 2nd Level 1.16 m x 2.97 m
Primary Bedroom 2nd Level 4.36 m x 3.93 m
Bedroom 2nd Level 3.83 m x 4.04 m
Bedroom 2nd Level 3.03 m x 2.72 m
Bathroom 2nd Level 2.68 m x 2.13 m
Bedroom 2nd Level 3.23 m x 3.87 m
Kitchen Main Level 2.35 m x 2.04 m
Kitchen Main Level 3.26 m x 5.53 m
Dining Main Level 2.41 m x 1.88 m
Living Main Level 4.55 m x 4.08 m
Kitchen Main Level 3.02 m x 2.44 m
Living Main Level 4.59 m x 5.00 m

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos