4 Elora Street N, Minto, Ontario N0G 1Z0

Listed for:
$898,000
9 beds
0 baths
Listed 136 days ago
Multi-Family for rent: 4 Elora Street N, Minto, Ontario N0G 1Z0

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Learn more about this property
Listing provided by:
Wilfred McIntee & Co Limited
MLS® number:
X12271097
Agent:
Darren Martin
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About

Cross Streets: ARTHUR ST E CENTRE OF TOWN - MAIN INTERSECTION AT LIGHT. ** Directions: At the corner of Elora ST and Highway 89. Prime Mixed-Use Investment Opportunity in Thriving Harriston. Robust income-generating property at the main intersection in a community experiencing significant growth. This exceptional commercial real estate offering presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors or owner-operators. $150,000+ in recent upgrades underscore the quality and value of this investment. The property currently features five fully rented residential units, with tenants in good standing, ensuring immediate and consistent rental income of over $90,000 annually. Employee and tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. Further diversifying your income, the property benefits from ongoing revenue generated by advertising signage on the building. Additionally, the basement offers significant potential for extra storage space and tenant laundry facility. With the potential to generate $100,000+ in annual income, this property is a strategic acquisition in a high-traffic location. Don't miss out on this unique chance to capitalize on a truly diversified and high-potential investment. (id:27476)

Property Highlights

MLS® Number
X12271097
Type
Multi-family
Community Name
Minto
Land Size
Bldg=66 x 132 FT
Parking Space Total
6

Building

Building Type
Multi-Family
Square Footage
7454 sqft
Bedrooms Total
9
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location