4 Elora Street N, Minto, ON

$898,000

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10

Beds

6

Baths

3,500

Square feet

0.20

Acres

About 4 Elora Street N

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.

Features of 4 Elora Street N

MLS® # X12271293
Price $898,000
Bedrooms 10
Bathrooms 6.00
Square Footage 3,500
Acres 0.20
Type Residential Freehold
Sub-Type Multiplex
Style 2-Storey
Status Active

Community Information

Address 4 Elora Street N
Area Wellington
Subdivision Minto
City Minto
Province ON
Postal Code N0G 1Z0

Amenities

Parking Spaces 6
Garages None
Is Waterfront No
Waterfront None
Pool None

Interior

Heating Other
Cooling Other
Fireplace No
Basement Development Potential

Exterior

Exterior Brick, Board & Batten

Listing Details

OfficeWilfred McIntee & Co Limited

Listing Map

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