45 Wellington Road 124,Erin, ON N0B 1T0
Erin, ON N0B 1T0
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/ just cash flow from a fully tenanted investment or/ make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties. 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 - Bedrm 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.
Details
| MLS # | X13615714 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 37 |
| Listing Provided By | REAL BROKER ONTARIO LTD. | X13615714 384021 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Interior Features | Accessory Apartment, Separate Hydro Meter, Water Treatment |
|---|---|
| Lease To Own Equipment | Water Heater |
| Cooling | Other |
| Heat Source | Electric |
| Fireplace Features | Wood Stove |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Block |
| Construction Materials | Hardboard, Stone |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 4929 |
|---|---|
| Tax Legal Description | PT LT 13 CON 9 ERIN AS IN ROS564862; S/T ROS605548; ERIN |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| Region | Wellington |
| City | Erin |
| Postal Code | N0B 1T0 |
| Area | Erin |
| Listing VS Median (in N0B 1T0) | |
Price: $924,111 low | high Med: $2,324,500 On site: 37 low | high Med: 173 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Wellington |
| City | Erin |
| Postal Code | N0B 1T0 |
| Area | Erin |
| Listing VS Median (in N0B 1T0) | |
Price: $924,111 low | high Med: $2,324,500 On site: 37 low | high Med: 173 | |
