$ 1.250.000

331 Erie Street, Central Elgin

  • Bedrooms: 5
  • Bathrooms: 3
  • Added: 102 days ago
  • Updated: 64 days ago
  • Last Checked: 48 days ago
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. (id:1945)
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Property Details

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Structure Type: Other
  • Exterior Features: Steel
  • Foundation Details: Concrete

Interior Features

  • Basement: Crawl space
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave
  • Bedrooms Total: 5

Exterior & Lot Features

  • View: Lake view, View of water
  • Lot Features: Flat site, Dry, Carpet Free
  • Water Source: Municipal water
  • Parking Total: 8
  • Water Body Name: Erie
  • Parking Features: Detached Garage
  • Lot Size Dimensions: 66 x 132 FT

Location & Community

  • Directions: William Street

Utilities & Systems

  • Sewer: Sanitary sewer
  • Utilities: Sewer, Cable

Tax & Legal Information

  • Tax Year: 2024
  • Tax Annual Amount: 4828.14
  • Zoning Description: R1

Additional Features

  • Security Features: Smoke Detectors
  • Property Condition: Insulation upgraded
Room Dimensions
Type Level Dimensions
Kitchen Main level 2.35 x 2.04
Bathroom Second level 1.16 x 2.97
Kitchen Main level 3.26 x 5.53
Dining room Main level 2.41 x 1.88
Living room Main level 4.55 x 4.08
Primary Bedroom Second level 4.36 x 3.93
Bedroom Second level 3.83 x 4.04
Bedroom Second level 3.03 x 2.72
Bathroom Second level 2.68 x 2.13
Kitchen Main level 3.02 x 2.44
Living room Main level 4.59 x 5
Bedroom Second level 3.23 x 3.87
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Nearby Places

Name
Type
Address
Distance
Port Stanley Terminal Rail
Establishment
309 Bridge St
0.3 km
Parkside Collegiate Institute
School
241 Sunset Dr
10.6 km
St. Thomas-Elgin Memorial Centre
Stadium
80 Wilson Ave
11.7 km
Southwold Earthworks
Establishment
Part Of
11.8 km
Central Elgin Collegiate Institute
School
St Thomas
12.4 km
Elgin Military Museum
Museum
30 Talbot St
12.9 km
Elgin County Railway Museum
Museum
225 Wellington St
13.0 km
Arthur Voaden Secondary School
School
41 Flora St
13.2 km
New Sarum Diner
Restaurant
46230 New Sarum Line
16.8 km
Pinecroft Green Frog Tea Room
Restaurant
8122 Rogers Rd
19.4 km
Best Western Plus Stoneridge Inn & Conference Centre
Lodging
6675 Burtwistle Ln
21.4 km
Tim Hortons
Cafe
374 John St N
23.0 km

Demographic Information

Neighbourhood Education
Bachelor's degree 30
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 10
College 60
University degree at bachelor level or above 30
Neighbourhood Marital Status Stat
Married 260
Widowed 15
Divorced 35
Separated 20
Never married 75
Living common law 55
Married or living common law 315
Not married and not living common law 140
Neighbourhood Construction Date
1961 to 1980 30
1981 to 1990 40
1991 to 2000 20
2001 to 2005 15
1960 or before 95
More Details?
SUSAN E. TANTON
  • SUSAN E. TANTON
  • CENTURY 21 FIRST CANADIAN CORP
  • 519-673-3390
  • WebSite

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