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Off market
  • Price Unknown

    331 Erie St, Central Elgin, ON N5L 1E3

    5beds
    3baths
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$1,993 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

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    What's special

    Welcome to your terrific income property in the heart of the Village with steps to the Main Beach! All amenities within walking distance of cafes, groceries, art galleries, live music venues, live theatre events, parks, schools, world class restaurants, and Port Stanley is open year-round! Grandfathered-in as a Triplex, fully tenanted with 3 great tenants on year-round leases. This very low-maintenance steel clad building & detached double car garage sits on a double lot with a large grassy backyard. Fully renovated in 2022 with all new metal on roof and siding, all new appliances, ungraded insulation, all new vinyl windows & doors, original hardwood flooring combined with new tile flooring. Unit 1 is approx 1200sf on 2 levels with 3 bright bedrooms & 1 modern bathroom with skylight on the upper floor, features a kitchen combined with laundry, and dining room, then opens up to a large living room with lots of natural light, front windows on both levels have water views. Unit 2 boasts approx 675sf with an open concept living room /eat-in kitchen area, with 1 bdrm, 3 pc bath & laundry upstairs. Unit 3 is larger than it looks, with almost 720sf on one floor with a den & living room at one end and a bedroom at the other end, with an open concept eat-in kitchen with island flowing into the dining room in the middle with enough space for a small lounge area to watch tv. A gorgeous 4 pc bath with new fixtures, tiles, and a pocket door. Enter this unit from the driveway /backyard into the sunroom. Parking available for all units with large double wide driveway for 6 vehicles, the double detached garage can be used as a garage but atm 2 interior 100sf sections are rented by 2 tenants as their storage for an extra $100/ month each. Contact LA for more info and book your showing as soon as possible! LA is to be onsite for all showings. Survey is available in the photos. A 5% cap rate minimum is achievable here. See the media tabs for an excellent overview of this property.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Century 21 Canada,MLS®#: X12167677MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Basement: yes

    Property

    Parking
    • Parking features: DETACHED
    Details
    • Parcel number: 352510446

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & neighborhood

    Location
    • Region: Central Elgin
    • Subdivision: Port Stanley

    Price history

    DateEventPrice
    7/12/2024Listed for saleC$1,250,000
    Source: TRREB #X9035576 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Port Stanley

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.