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Jennifer MacLean

jennifer.maclean@engelvoelkers.com +1(647) 274-2048

$ 1,250,000

Est. payment -/mo

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331 Erie ST Central Elgin, ON N5L 1E3

5 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Port Stanley

MLS Listing ID X12102819

Style 1 1/2 Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $4,828

Tax Year 2024

Property Sub-Type Triplex

Property Description

A terrific income property in the heart of the Village with steps to the Main Beach. All amenities within walking distance of cafes, groceries, art galleries, live music venues, live theatre events, parks, schools, world class restaurants, and Port Stanley is open year-round! Grandfathered-in as a Triplex, fully tenanted with 3 great tenants on long term leases. This very low-maintenance steel clad building & detached double car garage sits on a double lot with a large grassy backyard the unit 3 tenants tend. Fully renovated with ungraded insulation, all new vinyl windows & doors, originial hardwood flooring combined with new tile flooring where needed. Unit 1 is approx 1200sf on 2 levels with 3 bright bedrooms & 1 modern bathroom with skylight on the upper floor, a kitchen & dining room with laundry, opens up to a large living room with lots of natural light, front windows on both levels see the water. Unit 2 boasts approx 675sf with an open concept living room /eat-in kitchen area, with 1 bdrm, 3 pc bath & laundry upstairs. Unit 3 is larger than it looks, with almost 720sf on one floor with a den & living room at one end and a bedroom at the other end, with an open concept eat-in kitchen with island flowing into the dining room in the middle with enough space for a small lounge area to watch tv. A gorgeous 4 pc bath with new fixtures, tiles and pocket door. Enter this unit from the driveway or backyard, come into the sunroom. Parking available for all units with large double wide driveway for 6 vehicles, a double detached garage can be used as a garage but atm 2 interior 100sf sections are rented by 2 tenants as their storage for an extra $100/ month each. Contact LA for more info and book your showing as soon as possible! Survey is available.

Location

Province ON

County Elgin

Community Port Stanley

Area Elgin

Body of Water Lake Erie

Rooms

Family Room No

Basement Crawl Space

Kitchen 3

Interior

Interior Features Carpet Free

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Year Round Living, Porch, Landscaped

Parking Features Private Double

Garage Spaces 2.0

Pool None

Waterfront Description WaterfrontCommunity

View Water, Lake, Skyline

Roof Type Metal

Road Frontage Year Round Municipal Road

Lot Frontage 66.0

Lot Depth 132.0

Total Parking Spaces 8

Building

Unit Features School Bus Route,Park,Lake Access,Beach,Arts Centre,Golf

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/331_erie_st_port_stanley_on/

Listed by CENTURY 21 FIRST CANADIAN CORP

Jennifer MacLean

Broker | License ID: 9556486

+1(647) 274-2048

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