$1,149,000
Available - For Sale
Listing ID: X11879944
3 ELORA Street , Minto, N0G 1M0, Wellington
| Excellent soon to be 6-unit building is your next investment opportunity! Situated on the main street of Clifford, this property boasts great visibility, making it a prime location for businesses and nice for tenants to be able to walk to the amenities. The main level features a fully operational restaurant, attracting consistent foot traffic. Another commercial unit is near completion and will add to the cash flow. Additionally, upstairs you'll find 4 residential units, all of which are already rented. Additional perks include: large parking lot located at the back of the building. Dual Access: Two stairwells provide easy access to the apartments from both the front and back. Don’t miss out on this versatile investment with a mix of commercial and residential income streams. |
| Price | $1,149,000 |
| Taxes: | $6804.00 |
| Tax Type: | Unknow |
| Assessment: | $262000 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 3 ELORA Street , Minto, N0G 1M0, Wellington |
| Postal Code: | N0G 1M0 |
| Province/State: | Wellington |
| Legal Description: | Part Lot 175 Plan Village of Clifford: A |
| Lot Size: | 65.52 x 135.00 (Feet) |
| Directions/Cross Streets: | Elora Street (HWY 9) in Clifford to Allan Street at the lights, property on the N/W corner of Allan |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 9000.00 |
| Total Area Code: | Square Feet |
| Retail Area: | 4000 |
| Retail Area Code: | Sq Ft |
| Chattels: | T |
| Seats: | 100 |
| Insurance Expense: | $8160 |
| Heat Expenses: | $7800 |
| Hydro Expense: | $13789 |
| Water Expense: | $2520 |
| Other Expenses: | $4345 |
| Operating Expenses: | $50063 |
| Net Income Before Debt: | $87514 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Heat Type: | Unknown |
| Central Air Conditioning: | Unknown |
| Sewers: | Sanitary |
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| ROYAL LEPAGE RCR REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Wellington |
| Municipality: | Minto |
| Neighbourhood: | Minto |
| Lot Size: | 65.52 x 135.00(Feet) |
| Tax: | $6,804 |
| Fireplace: | N |
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