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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,190,000
Available - For Sale
Listing ID: X12167677
A 5% Cap Rate is achievable here! 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.
Price $1,190,000
Taxes: $4,828.14
Assessment Year: 2024
Occupancy by: Tenant
Address: 331 Erie Stre , Central Elgin, N5L 1E3, Elgin
Acreage: < .50
Directions/Cross Streets: William St
Rooms: 17
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 7.71 6.69 Tile Floor
Room 2: Main Dining Ro 7.90 6.17 Tile Floor
Room 3: Main Living Ro 14.92 13.38 Hardwood Floor
Room 4: Second Primary B 14.30 12.89 Overlook Water
Room 5: Second Bedroom 2 12.56 13.25 Overlook Water
Room 6: Second Bedroom 3 9.94 8.92
Room 7: Second Bathroom 8.79 6.99 4 Pc Bath
Room 8: Main Kitchen 9.91 8.00
Room 9: Main Living Ro 14.92 16.40 W/O To Porch
Room 10: Second Primary B 10.59 12.69 Overlook Water
Room 11: Second Bathroom 3.80 9.51 Combined w/Laundry
Room 12: Main Sunroom 10.56 6.89
Room 13: Main Kitchen 10.69 25.03 Vaulted Ceiling(s)
Room 14: Main Primary B 15.97 7.51 Walk-In Closet(s)
Room 15: Main Den 8.46 5.90
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  3 Second
Washroom 3:  4 Main
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 1 1/2 Storey
Exterior: Metal/Steel Sidi
Garage Type: Detached
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Property Features: Arts Centre
Beach
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Hydro: Y
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CENTURY 21 FIRST CANADIAN CORP

331 Erie Stre , Central Elgin, N5L 1E3, Elgin

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Triplex
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Port Stanley
Style: 1 1/2 Storey
Lot Size: x 132.00(Feet)
Approximate Age: 100+
Tax: $4,828.14
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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