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    For Sale - 331 Erie Street, Central Elgin, Ontario

    Est payment $4,274/mo
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    Views   1
    Time on Jump  69 day

    AI Summary *

    • Prime location near Main Beach and various amenities like cafés and parks.
    • Triplex on a double lot with a low-maintenance steel exterior.
    • Fully renovated in 2022 with modern appliances and finishes.
    • Multiple income options from tenanted units and potential for short-term rentals.
    • Large garage and spacious backyard with ample parking for six vehicles.




    Prime village location just steps to main beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, the local public school, and year-round amenities. This grandfathered-in triplex sits on a double residential lot with a low-maintenance steel-clad exterior, large detached double garage, and large backyard, driveway parking for 6, and low taxes!! Fully renovated in 2022 with new metal roof and siding, upgraded insulation, new windows/doors, new appliances, tile flooring, and refinished original hardwood. Unit 1: ~1200 sq ft, 2 levels, 3 bright bedrooms, 1 modern bath with skylight, kitchen, laundry, dining room, and a spacious living room with water views. Unit 2: ~675 sq ft, open-concept living/eat-in kitchen, 1 bedroom, 3-pc bath, and in-unit laundry. Unit 3: ~750 sq ft, single level, large bedroom, den/living area, open eat-in kitchen with island, updated 4-pc bath, and sunroom entry. 2 -10x10' storage sections currently rented in the garage for extra income @$100 ea/month. Two units are tenanted year-round paying inclusive market rents; the third unit is ideal for owner use or str guests for overall higher annual income. Property incl: 3 hydro meters, 1 forced air gas furnace, 1 hwt, electrical panel in garage with insulation and heat. Survey and self-directed iguide tour (media tab) are available in listing to view all units virtually. 24 hr notice to show the units, and tenants need to confirm. Do not speak to tenants directly. Contact your realtor to book a showing. La to be on-site for all showings as per tenants' request. Financials are available to buyers.
    Listing IDX13654564
    Address331 Erie Street
    CityCentral Elgin, Ontario
    Price$890,000
    Bed / Bath5 / 3 Full
    Style1 1/2 Storey, Triplex
    ConstructionMetal/Steel Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Separate Hydro Meter, Upgraded InsulationOutdoor Features Deck, Porch, Patio, Landscaped, Year Round LivingAmenities Arts Centre, Beach, Lake Access, Park, School Bus RouteOwnership FreeholdViews Skyline, Clear, Trees/Woods, WaterWaterfront IndirectBasement Full, Unfinished, Crawl SpaceFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: CENTURY 21 FIRST CANADIAN CORP

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    331 Erie Street
    Central Elgin , Ontario
    5 3 $890,000
    Get more info