4 Elora Street N, Minto, Ontario

$898,000

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9

Beds

7,454

Square feet

About 4 Elora Street N

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:6289)

Features of 4 Elora Street N

Listing # X12271097
Price $898,000
Bedrooms 9
Bathrooms 0.00
Square Footage 7,454
Acres 0.00
Type Multi-family

Community Information

Address 4 Elora Street N
Subdivision Minto
City Minto
Province Ontario
Postal Code N0G1Z0

Amenities

Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=66 x 132 FT

Listing Details

OfficeWilfred McIntee & Co Limited

Listing Map

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