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Kayla Ie

kayla@lakeshoreremax.com +1(416) 858-0313

$ 888,111

Est. payment -/mo

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Active Under Contract

45 Wellington Road 124 N/A Erin, ON N0B 1T0

6 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Erin

MLS Listing ID X13615714

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,929

Tax Year 2026

Property Sub-Type Multiplex

Property Description

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!

Location

Province ON

County Wellington

Area Wellington

Rooms

Basement Separate Entrance, Unfinished

Kitchen 3

Interior

Interior Features Accessory Apartment, Separate Hydro Meter, Water Treatment

Cooling Other

Fireplaces Number 1

Fireplaces Type Wood Stove

Inclusions AS IS: Front load washer & dryer, washer & dryer, 3 stoves, 3 fridges, 1 microrange, Gas BBQ at bungalow, Snow Blower, Hot water tank-owned in 2 storey, HWT rented in bungalow

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Foundation Block

Lited by REAL BROKER ONTARIO LTD.

Kayla Ie

REALTOR® | Director of Growth and Development

+1(416) 858-0313

Kayla Ie

45 Wellington Road 124 N/A Erin, ON N0B 1T0

Key Details

Location

Rooms

Interior

Exterior

Building

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45 Wellington Road 124 N/A