For Sale

$2,300,000

233 GEDDES ST , Centre Wellington, Ontario N0B1S0

9+4 Beds 11 Baths

Remarks

This 3 Building, 11 Unit Property With Ample Parking Is Nestled In The Heart Of Elora And Is Mere Steps To All Of The Desirable Shops And Restaurants Located Within The Downtown Core. Building A Is A Charming Stone Structure That Includes 4X One Bedroom Units And 1X Three Bedroom Unit. This Building Is Fully Tenanted And Contains Separate Hydro Meters. Building B Is Situated At The Rear Of The Property And Includes A Coin Operated, Shared Laundry Area And Storage Units For Each Of The 11 Units. The Second Level Of Building B Consists Of 2X One Bedroom Units, With Separate Hydro Meters, Which Are Both Currently Tenanted. Building C Includes 4X One Bedroom Units With Large Living Rooms; One Of Which Is Newly Vacant. The Property Has Been Well Managed By The Owners For The Past 28 Years And Maintains Long Standing Tenants. This Fantastic Opportunity Is Nestled Minutes From The Elora Mill, The Elora Gorge, And Several Fabulous Views Of The Grand River.**** EXTRAS **** Current Rental Income: $107,700.00/Year. (id:27)

Property Summary

  • Neighbourhood: Elora/Salem
  • Lot Size: 68 x 115 FT
  • No. of Parking Spaces: 9
  • Bedrooms: 9+4
  • Bathrooms (Total): 11

Property Features:

  • Property Type:
    Multi-family
  • Surface Water:
    []

Building Features:

  • Building Type:
    Other
  • Cooling Type:
    Window air conditioner
  • Exterior Finish:
    Stone , Vinyl siding
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Office Listing: 

Rob Green Sales Representative

Lifestyle
Neighbourhood Info
Frances Snider

Frances Snider

Sales Representative

Phone:  519.824.9050

Fax:  519.824.5183

Royal LePage Royal City Realty, Brokerage (Independently owned and operated)

201 - 848 GORDON STREET
Guelph,  ON N1G 1Y7

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