4 Elora Street N, Minto, Ontario N0G 1Z0 (28576224)

4 Elora Street N Minto, Ontario N0G 1Z0

9 Bedroom 7,454 ft2
Fully Air Conditioned Other

$898,000

Prime Mixed-Use Investment Opportunity in Thriving Harriston. Robust income-generating property at the main intersection in a community experiencing significant growth. This exceptional commercial real estate offering presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors or owner-operators. $150,000+ in recent upgrades underscore the quality and value of this investment. The property currently features five fully rented residential units, with tenants in good standing, ensuring immediate and consistent rental income of over $90,000 annually. Employee and tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. Further diversifying your income, the property 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. Don't miss out on this unique chance to capitalize on a truly diversified and high-potential investment. (id:50976)

Property Details

MLS® Number X12271097
Property Type Multi-family
Community Name Minto
Parking Space Total 6

Building

Bedrooms Total 9
Cooling Type Fully Air Conditioned
Heating Type Other
Size Exterior 7454 Sqft
Size Interior 7,454 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 132 Ft
Size Frontage 66 Ft
Size Irregular Bldg=66 X 132 Ft
Size Total Text Bldg=66 X 132 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/28576224/4-elora-street-n-minto-minto

Contact Us

Contact us for more information

Generating Captcha

Darren Martin
Salesperson

(519) 242-6937
darren.martin_realtor/

Wilfred Mcintee & Co Limited
105 Garafraxa St N.,
Durham, Ontario N0G 1R0

(519) 369-2128
www.mcintee.ca/

Your Favourites

 

No Favourites Found