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$898,000

Minto ON, N0G 1Z0

MLS® # X12271293

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Exterior Finish: Brick, Wood
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Other
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 6
  • Half Bathrooms: 1
  • Amenities Nearby: Park, Schools
  • Community Features: Community Centre
  • Features: Flat site, Dry
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 132 FT
  • Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed
  • Zoning: C1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: Wilfred McIntee & Co Limited

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 4 ELORA STREET N, Minto, Ontario, N0G 1Z0

Demographic Information of 4 ELORA STREET N, Minto, Ontario, N0G 1Z0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$100,514.86

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.21 %

High school certificate or equivalent

37.13 %

Apprenticeship trade certificate/diploma

10.85 %

College/non-university certificate

26.28 %

University Degree

6.53 %

Commuter

Travel To Work

By Car

88.78 %

By Public Transit

0.0 %

By Walking

8.28 %

By Bicycle

0.0 %

By Other Methods

2.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.9 %

Houses

84.1 %

Own Vs. Rent