4 ELORA Street, Minto, ON Image 1

$898,000

Investment For Sale
MLS - #X12271097
17 hours ago- By Wilfred McIntee & Co Limited

4 ELORA Street, Minto, ON N0G 1Z0

9 Bed
Bath
7454 Sqft.
Outside/Surface Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

7454 Sqft

About 4 ELORA Street

Prime Mixed-Use Investment Opportunity in Thriving Harriston. Robust income-generating property at the main intersection in a community experiencing significant growth. 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 underscore the quality and value of this investment. The property currently features five fully rented residential units, with tenants in good standing, ensuring immediate and consistent rental income of over $90,000 annually. Employee and tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. Further diversifying your income, the property benefits from ongoing revenue generated by advertising signage on the building. Additionally, the basement offers significant potential for extra storage space and tenant laundry facility. With the potential to generate $100,000+ in annual income, this property is a strategic acquisition in a high-traffic location. Don't miss out on this unique chance to capitalize on a truly diversified and high-potential investment.

Home Overview

Last updated

17 hours ago

Virtual tour

None

Basement information

Building size

7454

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A
0
Similar Homes Found
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Average Price
89800000.0%
Higher than average

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Location

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Walk Score for 4 ELORA Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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