For Sale

331 Erie Street, Central Elgin (Port Stanley), Ontario N5L1E3

$1,250,000

331 Erie Street, Central Elgin (Port Stanley), Ontario N5L1E3 is For Sale and has a listing price of 1,250,000. The property is located in the Central Elgin neighbourhood. It's been on the website for 131 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 5
    Bedrooms
  • 3
    Bathrooms
  • Detached Garage
    Parking
  • 8
    Parking Spaces
  • MLS ID: X9035576
  • Office Name CENTURY 21 FIRST CANADIAN CORP
Property Description

Add this very Low-Maintenance 2798sf Triplex, detached 20×33′ 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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 5
  • MLS ID: X9035576
  • Bathrooms: 3
  • Price: $1,250,000
  • Transaction Types: For Sale
  • Ref ID: 27163641
  • View: View Of Water, Lake View
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
07/12/2024 X9035576 $1,250,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bathroom - Second 1.16 m x 2.97 m
Primary Bedroom - Second 4.36 m x 3.93 m
Bedroom - Second 3.83 m x 4.04 m
Bedroom - Second 3.03 m x 2.72 m
Bathroom - Second 2.68 m x 2.13 m
Bedroom - Second 3.23 m x 3.87 m
Kitchen - Main 2.35 m x 2.04 m
Kitchen - Main 3.26 m x 5.53 m
Dining room - Main 2.41 m x 1.88 m
Living room - Main 4.55 m x 4.08 m
Kitchen - Main 3.02 m x 2.44 m
Living room - Main 4.59 m x 5 m
Neighborhood Stats
Central Elgin
  • $818,639 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 89 Median Days on Market
    based on 1 year
  • List vs. Selling Price 130.32 % Up
  • Sold (12mo) 114
  • Rented (12mo) 12

  • 1 Month Change -4.8%
  • 3 Month Change +6.3%
  • 6 Month Change -13.0%
Walkscore
  • 54 Walk Score
    Somewhat Walkable
  • 32 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    90.51%
  • Commercial
    6.2%
  • Condo
    3.04%
  • Land for Sale
    0.24%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 Crawl Space
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Steel
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 8
  • Property Features Flat Site, Carpet Free, Dry
  • Fireplace False
  • Security Smoke Detectors
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 12/07/2024 00:00:00
  • Zoning Residential
  • Agent Name: SUSAN E. TANTON
  • Last Updated: 09/10/2024 16:27:18
Open House Dates
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