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TURNKEY INVESTMENT PROPERTY IN DOWNTOWN ERIN. Detached 3-bed, 2 bath with Long Term Tenant, ADU Potential & Major Updates. Rare opportunity to own a turnkey income generating property in the heart of downtown Erin, one of Ontario's most picturesque and sought after small towns. This detached 2-storey home offers immediate rental income, ADU potential and a long list of big ticket upgrades already completed. Currently rented to a reliable long term tenant, the home features 3 spacious bedrooms, 2 full bathrooms, and approximately 2,500 sq ft of living space. The large lot offers space and flexibility, with room to accommodate an Alternate Dwelling Unit (ADU) for additional income or multigenerational living (buyer to verify zoning and permitting). Step into the primary bedroom with a walk-out to a large entertainer's deck, a rare feature tenant's love. The home also includes a bright family room with fireplace, a partially finished basement and a spacious 2-car garage with super size storage. Enjoy worry-free ownership with major updates already done: New roof...New electrical...New garage doors...New furnace...On demand hot water heater. Please come see a smart, low-maintenance investment in a growing and desirable community. Start earning rental income from day one-no vacancies, no renos, no hassle!
Neighborhood: Erin
Purchase Price | $1100000 |
Down Payment | $220000 |
Mortgage Insurance | $0 |
Total Mortgage | $880000 |
Mortgage Payment | $5423 |
Property Taxes | $388 |
Maintenance Fees | $0 |
Monthly Payment | $5811 |
Sold Comparables homes near 3 Dundas St E, Erin
Located at 3 Dundas St E , this Erin house is available for sale. This property was listed for $1,100,000 on Tue Sep 09 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 3 Dundas St E, Erin is situated in the Erin neighbourhood.
MLS#: X12391139 · $1,100,000 · 3 bedroom house in Erin, Erin