4 Elora Street, Minto, ON Image 1

$898,000

Multiplex For Sale
MLS - #X12271293
1 day ago- By Wilfred McIntee & Co Limited

4 Elora Street, Minto, ON N0G 1Z0

10 Bed
6 Bath
3500-5000 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

< .50

Style

2-Storey

Approx. Area

3500-5000 Sqft

About 4 Elora Street

Robust income-generating property at the main intersection of Harriston. This exceptional property presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors. The property currently features five fully rented residential units, (2 units remodeled in 2025). All with tenants in good standing, ensuring immediate and consistent rental income of over $90,000+ annually. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. $150,000+ in recent upgrades; upgraded kitchens, baths, plumbing, insulation and electrical; excellent quality and condition. Offering decking, fencing, and balcony; mature trees; and steel roof, underscore the quality, value, and low maintenance of this investment. Tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. The property also 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 with frontage to Hwy 9 and Hwy 89.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Development Potential

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Development Potential
Cooling:Other
Heating:Other
Parking Features:Private, Reserved/Assigned
0
Similar Homes Found
$0
Average Price
89800000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

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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