45 Wellington Road 124 Erin, Ontario N0B 1T0

6 Bedroom 3 Bathroom 2,500 - 3,000 ft2
Fireplace Forced Air, Heat Pump

$888,111

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! (id:63616)

Property Details

MLS® Number X13615714
Property Type Multi-family
Community Name Erin
Community Features School Bus
Equipment Type Water Heater - Electric, Water Heater
Features Wooded Area
Parking Space Total 8
Rental Equipment Type Water Heater - Electric, Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Electricity Meters
Appliances Water Treatment, Dryer, Water Heater, Range, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Features Separate Entrance
Basement Type N/a, N/a (unfinished)
Exterior Finish Hardboard, Stone
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Woodstove
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Forced Air, Heat Pump
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Other
Utility Water Bored Well

Parking

No Garage

Land

Acreage No
Sewer Septic System
Size Depth 183 Ft
Size Frontage 110 Ft
Size Irregular 110 X 183 Ft ; Additional Lot + Pin 711510447 Included
Size Total Text 110 X 183 Ft ; Additional Lot + Pin 711510447 Included

Utilities

Cable Available
Electricity Installed

https://www.realtor.ca/real-estate/30090326/45-wellington-road-124-erin-erin

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