331 Erie St

Central Elgin | Port Stanley | N5L 1E3
  • 5 + 0
  • 3
  • 0

$1,250,000

Est. Mtg $4,238 /mo
  • Days on market

    95

  • Status

    New

Listing Broker CENTURY 21 FIRST CANADIAN CORP
Since listed: 1 views

Home details

MLS #:

X9035576

Property type:
Multiplex
Style:
2-Storey
Taxes:
$4,828
Possession:
immediate
Lot Front:
66.0   Feet
Lot Depth:
132.0   Feet
Basement:
Crawl Space |
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


331 Erie St, , Central Elgin, Ontario is a Multiplex property in Central Elgin and in the Port Stanley community in the N5L 1E3 postal code


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..

Extras

.


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2023-04 2024-02 $2,000 $2,000 Lsd X7813031
2023-04 2024-02 $3,000 $2,650 Exp X7973329
2023-11 2024-02 $2,550 $2,550 Ter X7407663
2024-07 2024-08 $1,250,000 $1,250,000 New X9035576
2024-01 $270,000 $262,500 X7604016
2024-02 $270,000 $270,000 X7903394

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Central Elgin :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 331 Erie St

Based on available 3rd party data

$4775

Approximate costs per month

Mortgage
$4238 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$402 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker CENTURY 21 FIRST CANADIAN CORP
Data Source: TRREB

Payment calculator

$4640 monthly. In association with: TD Bank
%
  • Principal and Interest
    4238 /mo
  • Property Taxes
    $402 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Hamid Shahsavar, Realtor

Similar properties you may like