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It's time to invest in your future & add to your portfolio! You choose what works best for you at this turn key property with 3 separate above grade apartments. Use as a multi generational family property OR live in one & keep 2 apartments rented to pay your mortgage OR just keep all 3 rented out for a total of $5,385/mo! Lots of potential in this Low maintenance, income generating property in a growing, charming town..Within an hour to GTA! Each separate home has a kitchen, 2 bedrooms, 1 bathroom, private entrance, bright living rooms, outdoor patio areas AND 2+ designated parking spots (8+ total parking). Updated, detached bungalow operates on its own separate hydro meter, electrical panel, natural gas furnace, hot water tank, septic system & laundry. S/steel stove 2024, fridge & microrange'18, Granite countertops & breakfast bar complimented w/ barn board in the upgraded kitchen. Plus a Workshop in the basement too! Bungalow Roof 2017, Gas BBQ line'17, Bungalow Bedrm 2 Flooring '18- Carpet free. The 2nd Detached house on the property is a 2 storey w/ 2 separate apartments. Heat pump for AC & back up heat 2024. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20, Septic tanks last pumped Jan 2025. BONUS property up the hill w/ Gorgeous sunset views by the fire pit & mature trees bordering the lot. Walk to shops, restaurants & forest trails. Property highlights: 2 detached houses, 3 kitchens, 2 natural gas furnaces, 2 separate electrical panels, 2 separate hydro meters, well, UV system'17, 2 separate septic systems, 2 hot water tanks (1 owned, 1 rented), 1 heat pump. All appliances AS IS. All measurements to be verified by buyer/agent. Zoning: R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot." Listing agent Kari Clark is also the Seller, Disclosure attach. Pls 30 hours notice for showings to arrange w/ 3 tenants. Pl Book through IPRO REALTY. Diane Boyd IPRO Realty LTD. 416-418-4145 Office: 905-454-1100.
Appls Inc: Front load washer & dryer, washer & dryer, 3 stoves, 3 fridges, 1 microrange, Gas BBQ at bungalow, Lawn Mower, Snow Blower, Hot water tank-owned in 2 storey, HWT rented in bungalow. Bungalow rent - $2,250 / month + tenant pay 100% utilities 2 storey main floor - $2,203 / month + tenant pays 50% utilities 2 storey upper - $932 / month - All inclusive = $5385 / month
Neighborhood: Erin
Purchase Price | $1049000 |
Down Payment | $209800 |
Mortgage Insurance | $0 |
Total Mortgage | $839200 |
Mortgage Payment | $5171 |
Property Taxes | $404 |
Maintenance Fees | $0 |
Monthly Payment | $5575 |
Sold Comparables homes near 45 Wellington Road 124, Erin
Located at 45 Wellington Road 124 , this Erin house is available for sale. This property was listed for $995,000 on Wed Jul 02 2025. This house's size is 2500-3000 Sqft. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots. 45 Wellington Road 124, Erin is situated in the Erin neighbourhood.
MLS#: X12138389 · $995,000 · 6 bedroom house in Erin, Erin