$1,100,000
Available - For Sale
Listing ID: X12259065
119 Erie Stre , St. Thomas, N5R 2N1, Elgin
| Beautifully Updated 4-Plex in a Prime Family-Friendly Neighborhood. Welcome to this exceptional 4-plex, offering a rare blend of timeless character and modern upgrades in a desirable, family-oriented location. Each of the four spacious 2-bedroom units has been thoughtfully renovated, making this a turnkey investment opportunity or an ideal multi-family living space. Inside, you'll find beautifully refinished hardwood floors that bring warmth and charm to every unit. The kitchens are a standout feature finished with granite or quartz countertops for a sleek, durable workspace. Pride of ownership shines throughout, with each unit meticulously maintained to ensure tenant comfort and satisfaction. Tenants can enjoy a shared, fully fenced yard complete with a lovely gazebo perfect for outdoor relaxation or summer gatherings. The property is as functional as it is attractive, boasting a long-lasting metal roof and a newer water furnace for added efficiency and peace of mind. With four dedicated parking spaces and a double garage, there's ample room for tenant vehicles and storage. This property isn't just a place to live its a community where tenants can feel at home. Additional Highlights: Gross rental income: $62,508/year. Shared laundry income: $100-130/month. Utility costs (shared): Hydro for basement & water ranges from $200-240/month, gas between $100-150/month (not on budget). Whether you're looking to expand your investment portfolio or secure a multi-family property with excellent income potential, this well-maintained 4-plex is a must-see. Book your private showing today and discover what sets this property apart. |
| Price | $1,100,000 |
| Taxes: | $4783.47 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 119 Erie Stre , St. Thomas, N5R 2N1, Elgin |
| Acreage: | < .50 |
| Directions/Cross Streets: | Third Ave |
| Rooms: | 12 |
| Rooms +: | 4 |
| Bedrooms: | 6 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Upper |
| Washroom Type 3 | 4 | Lower |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ELGIN REALTY LIMITED |
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|
HARMOHAN JIT SINGH
Sales Representative
Dir:
(416) 884 7486
Bus:
(905) 793 7797
Fax:
(905) 593 2619
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Neighbourhood: | St. Thomas |
| Style: | 2-Storey |
| Tax: | $4,783.47 |
| Beds: | 6+2 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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