45 Wellington Road 124, Erin, Ontario N0B 1T0

Listed for:
$924,111
6 beds
3 baths
Listed 18 days ago
Other for rent: 45 Wellington Road 124, Erin, Ontario N0B 1T0

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About

Cross Streets: Delarmbro Drive/Main Street. ** Directions: Main street/52/9th line, South on 124, house on right past apartments and open fields. Invest in your future in the charming & growing community of Erin! Versatile income-generating property features 2 detached houses for a total of 3 separate above-grade apartments! Perfect for a multi-generational family, or opportunity to supplement your mortgage by living in one unit & earning rental income from the others or/ just cash flow from a fully tenanted investment or/ make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties. Enjoy the countryside feel while still being able to walk to shops & nearby trails. A rare opportunity to add a flexible, cash-flowing asset to your portfolio within an hour to GTA! You'll appreciate the central location & long-term value the area provides. Major Value Is Location + Current Set Up: 2 detached houses, 2 natural gas furnaces, 2 separate electrical panels, 2 hydro meters, 2 septic systems, 2 hot water tanks (1 owned, 1 rented), well, UV system, heat pump, parking for 8+ cars on paved driveway. Each apartment has it's own entrance, 2 bedrooms and 1 bathroom, kitchen, bright living room, outdoor patio area & 2 car parking for each. Bonus: Detached bungalow has it's own separate hydro meter, electrical panel, natural gas furnace, hot water tank, & laundry. Granite countertops & large breakfast bar complimented w/ barn board in the kitchen w/ S/steel stove 2024, fridge & microrange'18. Plus, huge unfinished basement too! Bungalow Roof + Gas BBQ line'17. UV system'18. Carpet free Bungalow - Bedrm 2 Flooring'18. There's more... Separate Detached 2 storey Duplex w/ 2 separate apartments. Heat pump 2024. Luxury Vinyl flooring upper bedrooms'25. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20. Chimney swept'25. Zoning R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot. 48 hrs needed for showings pls. (id:27476)

Property Highlights

MLS® Number
X13615714
Type
Single Family
Community Name
Erin
Land Size
110 FT
Parking Space Total
8

Building

Building Type
Other
Storeys
2.00
Square Footage
2500 - 3000 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Separate Electricity Meters
Exterior Finish
Hardboard, Stone
Fireplace Present
Yes
Basement Type
N/A, N/A (Unfinished)
Basement Features
Separate entrance
Building Heating Type
Forced air, Heat Pump
Heating Fuel
Electric, Natural gas
Building Cooling Type

Utilities

Water
Bored Well

Location

Learn more about this property
Listing provided by:
REAL BROKER ONTARIO LTD.
MLS® number:
X13615714
Agent:
Kari Clark
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