Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $2,000 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop’s second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity. (68034925)
Elora St to Pellister St. Corner of John and Pellister.
Property Type
Multi-family
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$4,122.75 (CAD)
Parking Type
Detached Garage
Time on REALTOR.ca
20 days
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