ON > Central Elgin
Central Elgin, ON N5L 1E3,331 Erie ST
Central Elgin, ON N5L 1E3,331 Erie ST
Central Elgin, ON N5L 1E3,331 Erie ST
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$1,250,000
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5 BD
Active

331 Erie ST Central Elgin, ON N5L 1E3

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

UPDATED:

08/18/2024 02:52 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

MLS Listing ID X9035576

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,828

Tax Year 2024

Property 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.

Location

Province ON

County Elgin

Area Port Stanley

Rooms

Family Room Yes

Basement Crawl Space

Kitchen 3

Interior

Interior Features Upgraded Insulation, Carpet Free

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch, Deck, Privacy, Year Round Living

Garage Private

Garage Spaces 6.0

Pool None

Waterfront No

Waterfront Description Indirect,WaterfrontCommunity

View Panoramic, Water, Lake, Skyline, Beach

Roof Type Metal

Topography Flat,Dry

Parking Type Detached

Total Parking Spaces 8

Building

Foundation Concrete

Others

Security Features Smoke Detector,Carbon Monoxide Detectors

Listed by CENTURY 21 FIRST CANADIAN CORP

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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331 Erie ST