$1,250,000

331 Erie St

Port Stanley, Central Elgin, Ontario, N5L 1E3

| | | 2,500 sq.ft. | Year Built: 100+ |
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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 Info
MLS®: X9035576
Listing Courtesy of CENTURY 21 FIRST CANADIAN CORP
Total Bedrooms 5
Total Bathrooms 3
Floor Space 2500 sq.ft.
Lot Size 8712 sq.ft.
Style 2-Storey
Last Updated 2024-07-12
Property Type Multiplex
Listed Price $1,250,000
Unit Pricing $500/sq.ft.
Strata Fee $
Tax Estimate $4,828/Year
Year Built 100+
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