Description
Excellent Investment Opportunity in Elmira! This well maintained, purpose built triplex is fully occupied and will make a great addition to any investment portfolio. Each of the three spacious units feature 2 bedrooms, generous living room, eat in kitchen and 1 bathroom, with the upper and middle units enjoying private balconies and the lower unit offering large, bright windows.Pride of ownership is evident throughout this easily managed property. Long term tenants take excellent care of their homes, making this a turnkey investment. Recent updates include a commercial grade coin operated washer and dryer, as well as a newer retaining wall and fence which allows for a convenient and easy place to store the shared garbage bins.Each unit includes one parking space. Situated on a quiet street within walking distance of downtown Elmira, beautiful parks & trails, and the splash pad, this property also offers convenient access to Kitchener-Waterloo and Guelph. A solid, well cared for investment in a desirable location!
Details
| MLS # | 40852923 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 21 |
| Listing Provided By | Peak Realty Ltd. | Melanie Jane Mcneil |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,050 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | R-5 |
| Acreage | 0.13 |
Interior
| Appliances | Hot Water Tank Owned, Refrigerator, Stove |
|---|---|
| Interior Features | Separate Hydro Meters |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Baseboard, Electric |
| Heating Yes / No | Yes |
| Laundry Features | Coin Operated |
Exterior
| Lot Features | Rectangular, City Lot, Park, Place of Worship, Playground Nearby, Shopping Nearby |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Poured Concrete |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Asphalt |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4240.7 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Elmira |
| Postal Code | N3B 2K5 |
| Area | 5 Woolwich and Wellesley Township |
| Subarea | 550 Elmira |
| Community Name | 550 Elmira |
| Listing VS Median (in 550 Elmira) | |
Price: $739,900 low | high Med: $639,450 sqft: 2,050 low | high Med: 1,413 $ / sqft: $361 low | high Med: $455 On site: 21 low | high Med: 20 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Elmira |
| Postal Code | N3B 2K5 |
| Area | 5 Woolwich and Wellesley Township |
| Subarea | 550 Elmira |
| Community Name | 550 Elmira |
| Listing VS Median (in 550 Elmira) | |
Price: $739,900 low | high Med: $639,450 sqft: 2,050 low | high Med: 1,413 $ / sqft: $361 low | high Med: $455 On site: 21 low | high Med: 20 | |
