331 Erie St
Port Stanley, Central Elgin
$1,250,000
Buy with Dwelly and Save $12,500
Home Details
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Listing Description
Add this very Low-Maintenance 2798sf Triplex, detached 20x33' Double Car Garage and large property to your portfolio today! Fully tenanted by Sept 1st with 3 excellent long term tenants paying current market rents and on one year leases. Low Taxes! All fully renovated modern units (2022) each with their own hydro meter and upgraded insulation between units, Exterior is all metal-clad, new Kitchens, new Baths, new finishes, original hardwood flooring thru all 3 units with new flooring added. Unit #1: 3 large bedrooms, 1 full 4pc bath, approx 1200sf on 2 levels; Unit #2: 1 bdrm, 1 full 3pc bath, approx 675sf on 2 levels; Unit #3: 1 bdrm + den, 1 full 4pc bath, open concept, one floor, approx 700sf including the sunroom. Laundry in all units, plus all appliances included in sale. Immediate possession. Buyer will assume all Tenants. Convert any unit into a short term rental when a tenant leaves. Bldg is a Legal Non-Conforming Triplex under the current R1 zoning. 24 hrs notice to show for tenants, and serious inquiries only. Listing Agent will be onsite for all showings. Please use the media tab for virtual walkthroughs (iGuide Tour links on the floorplan) of all 3 units. Contact Listing Agent for more information and to book your showing via BB.
City: Central Elgin
Neighborhood: Port Stanley
Property History
Rooms
Room dimensions for 331 Erie St, Central Elgin
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 331 Erie St is 6565
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1250000 |
| Down Payment | $250000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1000000 |
Monthly Payment
| Mortgage Payment | $6162 |
| Property Taxes | $402 |
| Maintenance Fees | $0 |
| Monthly Payment | $6565 |
About 331 Erie St, Central Elgin
Located at 331 Erie St , this Central Elgin house is available for sale. This property was listed for $1,250,000 on Sun Aug 18 2024. This house's size is 2500-3000 Sqft. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Dining, Living, Prim Bdrm, Br, Br, Bathroom, Kitchen, Living, Br, Bathroom, Kitchen. This property comes with 8 parking spots. 331 Erie St, Central Elgin is situated in the Port Stanley neighbourhood.
MLS#: X9035576 · $1,250,000 · 5 bedroom house in Port Stanley, Central Elgin