4 Elora Street N, Minto, Ontario

$898,000

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10

Beds

6

Baths

About 4 Elora Street N

Robust income-generating property at the main intersection of Harriston. This exceptional property presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors. The property currently features five fully rented residential units, (2 units remodeled in 2025). All with tenants in good standing, ensuring immediate and consistent rental income of over $90,000+ annually. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. $150,000+ in recent upgrades; upgraded kitchens, baths, plumbing, insulation and electrical; excellent quality and condition. Offering decking, fencing, and balcony; mature trees; and steel roof, underscore the quality, value, and low maintenance of this investment. Tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. The property also 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 with frontage to Hwy 9 and Hwy 89. (id:6289)

Features of 4 Elora Street N

Listing # X12271293
Price $898,000
Bedrooms 10
Bathrooms 6.00
Half Baths 1
Acres 0.00
Type Multi-family

Community Information

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

Amenities

Amenities Park, Place of Worship, Schools
Utilities Cable, Electricity, Sewer
Features Flat site, Dry
Parking Spaces 6
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter
Heating Other
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick, Wood
Lot Description 66 x 132 FT|under 1/2 acre
Foundation Stone

Listing Details

OfficeWilfred McIntee & Co Limited

Listing Map

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