133 135 Metcalfe Street, Centre Wellington Elora Salem

  • Living area: 5109.6 square feet
  • Type: Commercial
Source: Public Records
Note: This property is not currently for sale or for rent on Ovlix.

Nearby Listings Stat

Active listings
6
Min Price
$749,900
Max Price
$2,650,000
Avg Price
$1,539,297
Days on Market
140 days
Sold listings
12
Min Sold Price
$709,000
Max Sold Price
$2,499,900
Avg Sold Price
$1,121,533
Days until Sold
90 days

Property Details

  • Exterior Features: Wood, Stucco

Interior Features

  • Basement: Full
  • Living Area: 5109.6

Exterior & Lot Features

  • Water Source: Municipal water
  • Lot Size Dimensions: Unit=54.18

Location & Community

  • Directions: From Wellington Rd 7, turn east onto McNab St, then take the 3rd exit of round about onto Metcalfe Street, continue straight through the set of lights.

Utilities & Systems

  • Sewer: Sanitary sewer

Tax & Legal Information

  • Tax Year: 2023
  • Tax Annual Amount: 6504
  • Zoning Description: C1
Here is a great investment opportunity to purchase a six unit mixed use commercial/residential building in a prime location in Downtown Elora. Already shows good income - with lots of potential to take it to the next level. Currently configured with 2 commercial units and 4 residential units ( two 2 bedroom and two 1 bedroom ). The building has frontage on TWO streets - Metcalfe and Geddes. The two commercial units face bustling Metcalfe street. Two upper residential units. And two of the residential units are ground floor level facing Geddes. 4 valuable parking spots for tenants on Geddes. The one upper residential unit is very unique with 2 entrances on either side of the building, has a 2nd loft level and outdoor balcony. Lots of possibilities for the new owner to reconfigure the building layout and add value here. Elora is continuing to evolve in a big way - and this building is a prime piece of real estate in the middle of the action. (id:1945)
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