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/ cash flow from a fully tenanted investment and/or make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. 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 - Bedroom 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. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties + extra lot 711510447 included! (id:15069)
| MLS® Number | X13615714 |
| Property Type | Multi-family |
| Community Name | Erin |
| Community Features | School Bus |
| Equipment Type | Water Heater - Electric, Water Heater |
| Features | Wooded Area |
| Parking Space Total | 8 |
| Rental Equipment Type | Water Heater - Electric, Water Heater |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Treatment, Dryer, Water Heater, Range, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a, N/a (unfinished) |
| Exterior Finish | Hardboard, Stone |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Fireplace Type | Woodstove |
| Foundation Type | Block |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Forced Air, Heat Pump |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Sqft |
| Type | Other |
| Utility Water | Bored Well |
| No Garage |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 183 Ft |
| Size Frontage | 110 Ft |
| Size Irregular | 110 X 183 Ft ; Additional Lot + Pin 711510447 Included |
| Size Total Text | 110 X 183 Ft ; Additional Lot + Pin 711510447 Included |
| Cable | Available |
| Electricity | Installed |
https://www.realtor.ca/real-estate/30090326/45-wellington-road-124-erin-erin
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