47
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$898,000
Est. payment /mo
10 Beds
6 Baths
Active
4 Elora ST N Minto, ON N0G 1Z0
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Minto
MLS Listing ID X12271293
Style 2-Storey
Bedrooms 10
Annual Tax Amount $7,140
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Robust income-generating property at the main intersection of Harriston. This exceptional property presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors. The property currently features five fully rented residential units, (2 units remodeled in 2025). All with tenants in good standing, ensuring immediate and consistent rental income of over $90,000+ annually. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. $150,000+ in recent upgrades; upgraded kitchens, baths, plumbing, insulation and electrical; excellent quality and condition. Offering decking, fencing, and balcony; mature trees; and steel roof, underscore the quality, value, and low maintenance of this investment. Tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. The property also benefits from ongoing revenue generated by advertising signage on the building. Additionally, the basement offers significant potential for extra storage space and tenant laundry facility. With the potential to generate $100,000 in annual income, this property is a strategic acquisition in a high-traffic location with frontage to Hwy 9 and Hwy 89.
Location
Province ON
County Wellington
Community Minto
Area Wellington
Rooms
Family Room Yes
Basement Development Potential
Kitchen 5
Interior
Interior Features Other
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Parking Features Private, Reserved/Assigned
Pool None
Waterfront Description None
Roof Type Metal
Topography Dry,Flat
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 6
Building
Unit Features Library,Park,Place Of Worship,Rec./Commun.Centre,School
Foundation Stone
New Construction false
Listed by Wilfred McIntee & Co Limited
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