UPDATED:
11/17/2024 07:31 PM
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 4,674 sqft
Price per Sqft $256
MLS Listing ID 40675329
Bedrooms 9
Abv Grd Liv Area 4,674
Originating Board Huron Perth
Annual Tax Amount $4,122
Property Description
Looking for a great way to enter the real estate market? This 4-unit home offers endless possibilities for investment or multi-family living. Located on a large lot with a detached, heated shop and full water/sewer hookups, this property is a rare find!
Property Highlights:
Unit 1: 3-bedroom, 1-bath – Spacious and comfortable for owner-occupancy or a long-term tenant.
Units 2-4: 2-bedroom, 1-bath each – Ideal for generating steady rental income.
Detached Shop: Heated and equipped with water/sewer – perfect for hobbies, extra storage, or a potential workshop.
Large Lot: Offers plenty of space for outdoor activities, future development, or additional parking.
Whether you’re looking to move in and let the tenants cover your mortgage or bring in family members to share the space and the investment, this property offers flexibility for multi-family living with independence. The extra income from the three 2-bedroom units can help make homeownership more affordable, while still giving everyone their own private space.
Options for You:
Owner-Occupy: Live in Unit 1 and let the tenants pay the mortgage.
Family Investment: Have a family member who wants to buy in with you? Move into 2 units, and let the rest cover the costs.
Ideal for Multi-Family Living: Enjoy the independence of separate units while still being close by.
This is a fantastic opportunity to create long-term wealth, live affordably, or house extended family – all while enjoying the convenience of a spacious lot and a detached shop with all utilities available!
Location
Province ON
County Wellington
Area Minto
Zoning R1B
Direction Elora St to Pellister St. Corner of John and Pellister.
Rooms
Other Rooms Workshop
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Baseboard, Natural Gas, Radiator
Cooling None
Fireplace No
Appliance Dryer, Refrigerator, Stove, Washer
Laundry Common Area, In-Suite, Other
Exterior
Garage Detached Garage, Gravel, In/Out Parking, Unassigned
Garage Spaces 1.0
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 165.15
Lot Depth 132.12
Garage Yes
Building
Lot Description Ample Parking
Faces Elora St to Pellister St. Corner of John and Pellister.
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 710310133
Ownership Freehold/None
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