$1,250,000 FOR SALE
Multiplex 2-Storey
Bedrooms: 5Bathrooms: 3Lot: 66 x 132 ft2024 Taxes: $4,828.14
331 Erie St
Central Elgin, ON
N5L 1E3 | Port Stanley | Elgin
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.
Share
| Listed By | CENTURY 21 FIRST CANADIAN CORP |
|---|---|
| Data Provided By | Toronto Regional Real Estate Board |
| MLS® Listing Number | X9035576 |
| Last Updated | Aug 18, 2024 |
Property Summary
| Property Type |
Multiplex
More like this: |
|---|---|
| PIN | 352510446 |
| Legal Description | LT 8 N/S ERIE ST PL 117 PORT STANLEY; CENTRAL ELGIN |
| Parcel of Tied Land | N |
| Possession Date | immediate |
| Taxes (2024) | $4,828.14 |
| Assessment (2024) | $274,000 |
| Directions/Cross Streets | William Street |
| Neighbourhood | Port Stanley |
| Area | Elgin |
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
| Fronting On | N |
|---|---|
| Access To Property | Yr Rnd Municpal Rd |
| Waterfront | Indirect |
| Water Body Type | Lake |
| Water Body Name | Erie |
| Shoreline | Sandy, Soft Btm |
| Shoreline Allowance | None |
| Shoreline Exposure | S |
| Special Designations | Unknown |
| Easements Restrictions | Unknown |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Rooms | 16 |
| Kitchens | 3 |
| Lot | 66 x 132 ft |
| Acreage | <.50 |
| Approximate Square Footage | 2500-3000 |
| Approximate Age | 100+ |
| Exterior | Metal/Side |
| Elevator | N |
| Air Conditioning | Central Air |
| Family Room | Y |
| Fireplace/Stove | N |
| Pool | None |
| Laundry Level | Main |
| Basement | Crawl Space |
| Drive | Private |
| Garage Spaces | 2.0 |
| Garage Type | Detached |
| Parking Spaces | 6 |
| Total Parking Spaces | 8.0 |
| Retirement | N |
| Heat Source | Gas |
| Heat Type | Forced Air |
| Sewers | Sewers |
| Utilities-Hydro | Y |
| Utilities-Gas | Y |
| Utilities-Cable | A |
| Utilities-Telephone | A |
| Water | Municipal |
| UFFI | No |
| Zoning | R1 |
| Seller Property Info Statement | N |
Rooms
| Room | Level | Dimensions | Notes |
|---|---|---|---|
| Kitchen | Main | 2.35 m x 2.04 m (7.71 ft x 6.69 ft) | |
| Dining | Main | 2.41 m x 1.88 m (7.91 ft x 6.17 ft) | |
| Living | Main | 4.55 m x 4.08 m (14.93 ft x 13.39 ft) | |
| Prim Bdrm | 2nd | 4.36 m x 3.93 m (14.3 ft x 12.89 ft) | |
| Br | 2nd | 3.83 m x 4.04 m (12.57 ft x 13.25 ft) | |
| Br | 2nd | 3.03 m x 2.72 m (9.94 ft x 8.92 ft) | |
| Bathroom | 2nd | 2.68 m x 2.13 m (8.79 ft x 6.99 ft) | 4 Pc Bath |
| Kitchen | Main | 3.02 m x 2.44 m (9.91 ft x 8.01 ft) | |
| Living | Main | 4.59 m x 5 m (15.06 ft x 16.4 ft) | |
| Br | 2nd | 3.23 m x 3.87 m (10.6 ft x 12.7 ft) | |
| Bathroom | 2nd | 1.16 m x 2.97 m (3.81 ft x 9.74 ft) | 3 Pc Bath |
| Kitchen | Main | 3.26 m x 5.53 m (10.7 ft x 18.14 ft) |
Bathrooms
| Pieces | Level |
|---|---|
| 4 | 2nd |
| 3 | 2nd |
| 4 | Main |
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.