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Home ON Greater London Central Elgin
331 ERIE STREET
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331 ERIE STREET $1,250,000
$1,250,000
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331 ERIE STREET
Central Elgin (Port Stanley), Ontario N5L1E3

MLS® Number: X9035576
5
Bedrooms
3
Bathrooms
2500 - 3000
Square Feet

Listing Description

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. (36199217)

Location Description

William Street

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
2500 - 3000 sqft
Community Name
Port Stanley
Land Size
66 x 132 FT|under 1/2 acre
Annual Property Taxes
$4,828.14
Parking Type
Detached Garage
Time on REALTOR.ca
163 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
3
Interior Features
Appliances Included
Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Washer
Basement Type
Crawl space
Building Features
Features
Flat site, Dry, Carpet Free
Foundation Type
Concrete
Construction Status
Insulation upgraded
Fire Protection
Smoke Detectors
Rental Equipment
Water Heater
Structures
Porch, Deck
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Steel
Parking
Parking Type
Detached Garage
Total Parking Spaces
8

Measurements

Square Footage
2500 - 3000 sqft

Rooms

MetricImperial
Main level
Kitchen
Kitchen
Dining room
Living room
Kitchen
Living room
Second level
Bathroom
Primary Bedroom
Bedroom
Bedroom
Bathroom
Bedroom

Land

Lot Features
Frontage
66 ft
Land Depth
132 ft
View
View of water, Lake view
Other Property Information
Access
Year-round access
Zoning Description
R1
Waterfront Features
Waterfront Name
Erie
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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