45 Wellington Road 124 N/a, Erin, ON

$888,111

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6

Beds

3

Baths

2,500

Square feet

About 45 Wellington Road 124 N/a

Invest in your future in the charming & growing community of Erin! Versatile income-generating property features 2 detached houses for a total of 3 separate above-grade apartments! Perfect for a multi-generational family or/ opportunity to supplement your mortgage by living in one unit & earning rental income from the others or/ cash flow from a fully tenanted investment and/or make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. Enjoy the countryside feel while still being able to walk to shops & nearby trails. A rare opportunity to add a flexible, cash-flowing asset to your portfolio within an hour to GTA= Central location & long-term value with 2 detached houses, 2 natural gas furnaces, 2 separate electrical panels, 2 hydro meters, 2 septic systems, 2 hot water tanks (1 owned, 1 rented), well, UV system, heat pump, parking for 8+ cars on paved driveway. Fully rented! Reach out for financials. Each apartment has it's own entrance, 2 bedrooms and 1 bathroom, kitchen, bright living room, outdoor patio area & 2 car parking for each. Bonus: Detached bungalow has it's own separate hydro meter, electrical panel, natural gas furnace, hot water tank, & laundry. Granite countertops & large breakfast bar complimented w/ barn board in the kitchen w/ S/steel stove 2024, fridge & microrange'18. Plus, huge unfinished basement too! Bungalow Roof + Gas BBQ line'17. UV system'18. Carpet free Bungalow - Bedroom 2 Flooring'18. There's more... Separate Detached 2 storey Duplex w/ 2 separate apartments. Heat pump 2024. Luxury Vinyl flooring upper bedrooms'25. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20. Chimney swept'25. Zoning R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot. 48 hrs needed for showings pls. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties + extra lot 711510447 included!

Features of 45 Wellington Road 124 N/a

MLS® # X13615714
Price $888,111
Bedrooms 6
Bathrooms 3.00
Square Footage 2500-3000
Type Residential Freehold
Sub-Type Multiplex
Style 2-Storey
Status Active

Community Information

Address 45 Wellington Road 124 N/a
Area Wellington
Subdivision Erin
City Erin
Province ON
Postal Code N0B 1T0

Amenities

Parking Spaces 8
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Other
Fireplace Yes
Basement Separate Entrance, Unfinished

Exterior

Exterior Hardboard, Stone

Listing Details

OfficeREAL BROKER ONTARIO LTD.

Listing Map