6+ car parking, 2 separate houses on one lot More Photos

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    For Sale - 45 Wellington Road 124 N/A, Erin, Ontario

    Est payment $4,437/mo
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    Invest in your future in the charming & growing community of erin! Versatile income-generating property features 2 detached houses for a total of 3 separate above-grade apartments! Perfect for a multi-generational family, or opportunity to supplement your mortgage by living in one unit & earning rental income from the others or/ just cash flow from a fully tenanted investment or/ make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties. Enjoy the countryside feel while still being able to walk to shops & nearby trails. A rare opportunity to add a flexible, cash-flowing asset to your portfolio within an hour to gta! You'll appreciate the central location & long-term value the area provides. Major value is location + current set up: 2 detached houses, 2 natural gas furnaces, 2 separate electrical panels, 2 hydro meters, 2 septic systems, 2 hot water tanks (1 owned, 1 rented), well, uv system, heat pump, parking for 8+ cars on paved driveway. Each apartment has it's own entrance, 2 bedrooms and 1 bathroom, kitchen, bright living room, outdoor patio area & 2 car parking for each. Bonus: detached bungalow has it's own separate hydro meter, electrical panel, natural gas furnace, hot water tank, & laundry. Granite countertops & large breakfast bar complimented w/ barn board in the kitchen w/ s/steel stove 2024, fridge & microrange'18. Plus, huge unfinished basement too! Bungalow roof + gas bbq line'17. Uv system'18. Carpet free bungalow - bedrm 2 flooring'18. There's more... Separate detached 2 storey duplex w/ 2 separate apartments. Heat pump 2024. Luxury vinyl flooring upper bedrooms'25. Flooring in main floor living & bedrms'21, laundry rm exterior door & flooring'20. Chimney swept'25. Zoning r1-105 "existing single detached dwelling and a duplex dwelling on one lot. 48 hrs needed for showings pls.
    Listing IDX13615714
    Address45 Wellington Road 124 N/A
    CityErin, Ontario
    Price$924,111
    Bed / Bath6 / 3 Full
    Style2-Storey, Other
    ConstructionHardboard, Stone
    TypeResidential
    StatusFor Sale

    Subtype OtherIndoor Features Accessory Apartment, Separate Hydro Meter, Water TreatmentAmenities School Bus Route, Wooded/TreedOwnership FreeholdBasement Separate Entrance, UnfinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel Electric

    Parking 8.00
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    Listing Agency:  REAL BROKER ONTARIO LTD.

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    45 Wellington Road 124 N/a
    Erin , Ontario
    6 3 $924,111
    Get more info