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Royal LePage
Royal LePage
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$898,000

Minto ON, N0G 1Z0

MLS® # X12271097

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 7454 sqft
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9
  • Floor Space (approx): 7454 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: Bldg=66 x 132 FT
  • Zoning: C1
  • No. of Parking Spaces: 6

Courtesy of: Wilfred McIntee & Co Limited

REALTOR.ca  

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⚠ Potential Investment Performance

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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

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