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4 Elora Street N Minto, Ontario N0G 1Z0

10 Bedroom 6 Bathroom 3500 - 5000 sqft
Other

$898,000

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:35544)

Property Details

MLS® Number X12271293
Property Type Multi-family
Community Name Minto
AmenitiesNearBy Park, Place Of Worship, Schools
CommunityFeatures Community Centre
Features Flat Site, Dry
ParkingSpaceTotal 6

Building

BathroomTotal 6
BedroomsAboveGround 10
BedroomsTotal 10
Appliances Water Meter
ExteriorFinish Brick, Wood
FoundationType Stone
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Other
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Park, Place Of Worship, Schools
Sewer Sanitary Sewer
SizeDepth 132 Ft
SizeFrontage 66 Ft
SizeIrregular 66 X 132 Ft
SizeTotalText 66 X 132 Ft|under 1/2 Acre
ZoningDescription C1

Utilities

Cable Installed
Electricity Installed
Sewer Installed
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