4 ELORA STREET N, Minto, Ontario, N0G1Z0

Property Description

5-plex plus retail unit in Harriston. Proven stable income-generating property at the main intersection. This exceptional commercial real estate offering presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors or owner-operators. $150,000+ in recent upgrades ensures a low maintenance building with high quality units. The property currently features five fully rented residential units, with tenants in good standing, ensuring immediate and consistent rental income. Plus ongoing revenue generated by advertising signage on the building. Total income of over $100,000 annually. Employee and tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. The 550 sq ft commercial space, ready for immediate use for your business or a new office/retail tenant. Additionally, the basement offers significant potential for extra storage space and the shared tenant laundry facility. (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: 9
• Bathrooms: None
• Living Area: 7,454 sq ft (692.5 m²)
• Parking: 6 spaces
• Lot Size: 0.2000 acres (0.08 ha)
• Frontage: 66 ft (20.1 m)

Costs

• Annual Taxes: $7,140.00

Listing Provided by: Wilfred McIntee & Co Limited
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.