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331 Erie

Port Stanley | Central Elgin

$1,250,000.00

Listed 3 months ago

  • 5 bed
  • 3 bath
  • 2500-3000 sqft
  • 8.0 parking
  • Multiplex

Instant Estimate

$1,051,328

-$198,672 compared to list price

  • Upper range

    $1,199,598

  • Mid range

    $1,051,328

  • Lower range

    $903,057

Property history

  • Now
    Listed on Jul 12, 2024

    Listed for $1,250,000.00

    88 days on market

  • Sold for

    Listed for $132,000.00 • on market

  • Sold for

    Listed for $270,000.00 • on market

  • Sold for

    Listed for $262,500.00 • on market

Location & area

Schools nearby

Home Details

Description
Add this very Low-Maintenance 2798sf Triplex, detached 20x33' Double Car Garage and large property to your portfolio today! Fully tenanted by Sept 1st with 3 excellent long term tenants paying current market rents and on one year leases. Low Taxes! All fully renovated modern units (2022) each with their own hydro meter and upgraded insulation between units, Exterior is all metal-clad, new Kitchens, new Baths, new finishes, original hardwood flooring thru all 3 units with new flooring added. Unit #1: 3 large bedrooms, 1 full 4pc bath, approx 1200sf on 2 levels; Unit #2: 1 bdrm, 1 full 3pc bath, approx 675sf on 2 levels; Unit #3: 1 bdrm + den, 1 full 4pc bath, open concept, one floor, approx 700sf including the sunroom. Laundry in all units, plus all appliances included in sale. Immediate possession. Buyer will assume all Tenants. Convert any unit into a short term rental when a tenant leaves. Bldg is a Legal Non-Conforming Triplex under the current R1 zoning. 24 hrs notice to show for tenants, and serious inquiries only. Listing Agent will be onsite for all showings. Please use the media tab for virtual walkthroughs (iGuide Tour links on the floorplan) of all 3 units. Contact Listing Agent for more information and to book your showing via BB.
Additional media
https://unbranded.youriguide.com/331_erie_st_port_stanley_on/
Property taxes
$4,828.14 per year / $402.35 per month
Basement
Crawl Space
Year build
100+
Type
Multiplex
Bedrooms
5
Bathrooms
3
Parking spots
8.0 Total | 2.0 Garage
Floor
-
Balcony
-
Pool
None
External material
Metal/Side
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Forced Air
Fire place(s)
N
  • Main
    Kitchen
    7’9” x 6’8”
    Dining
    7’11” x 6’2”
    Living
    14’11” x 13’5”
    Kitchen
    9’11” x 8’0”
    Living
    15’1” x 16’5”
    Kitchen
    10’8” x 18’2”
  • 2nd
    Prim Bdrm
    14’4” x 12’11”
    Br
    12’7” x 13’3”
    Br
    9’11” x 8’11”
    Bathroom
    8’10” x 6’12”
    Br
    10’7” x 12’8”
    Bathroom
    3’10” x 9’9”

Listing Brokerage

MLS® Listing
X9035576
Brokerage
CENTURY 21 FIRST CANADIAN CORP

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