470 Elora Street, Fergus, ON N1M 1Y8
470 Elora Street, Fergus, ON N1M 1Y8
470 Elora Street, Fergus, ON N1M 1Y8
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Listed by George Mochrie • Royal LePage Royal City Realty
$869,990
Est. payment /mo
5 Beds
3 Baths
2,734 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,734 sqft

Price per Sqft $318

MLS Listing ID 40837955

Bedrooms 5

Full Baths 3

Abv Grd Liv Area 2,734

Annual Tax Amount $5,990

Property Sub-Type Detached

Source Cornerstone

Property Description

Great opportunity here to live in one unit and have the other unit as a fantastic mortgage helper ! Perfect option for those wanting to downsize but don't want a condo. And the strong rental income will improve affordability for many home purchasers while building equity in home ownership. Potential for ideal MULTI-GENERATIONAL living arrangement. Quality built duplexed home (single family dwelling with legal accessory apartment), with upper 3 bedroom unit and main level 2 bedroom unit. Designed so both units are above grade. Completely separate mechanicals and separately metered. Be sure to check out the floorplans. Attached two car garage, one for each resident. Separately fenced backyards for each unit. Multi-unit homes like this do not come to market often. Investors will want to look at this one too. Close to all amenities. Main level has been intentionally left vacant for prospective buyer to be able to move in immediately - or investor will be able to lease out at current market rent.

Location

Province ON

County Wellington

Area Centre Wellington

Zoning R1B

Direction West on Elora St from Tower St/Hwy 6

Rooms

Basement Crawl Space, Unfinished

Main Level Bedrooms 2

Bedroom 2 3

Kitchen 2

Interior

Interior Features Accessory Apartment, Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Roof Type Asphalt Shing

Lot Frontage 43.96

Lot Depth 131.92

Garage Yes

Building

Lot Description Urban, Hospital, Library, Park, Rec./Community Centre, Schools, Shopping Nearby

Faces West on Elora St from Tower St/Hwy 6

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 715000208

Ownership Freehold/None


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