331 Erie St

For Sale 151 Days
$1,190,000 $140K
$1,049,900
5 beds
3 baths

331 Erie St

For Sale 151 Days
$1,190,000 $140K
$1,049,900
5 beds
3 baths

Highlights

Key insights

Description

Welcome to your terrific income property in the heart of the Village with steps to the Main Beach! All amenities within walking distance of cafes, groceries, art galleries, live music venues, live theatre events, parks, schools, world class restaurants, and Port Stanley is open year-round! Grandfathered-in as a Triplex, fully tenanted with 3 great tenants on year-round leases. This very low-maintenance steel clad building & detached double car garage sits on a double lot with a large grassy backyard. Fully renovated in 2022 with all new metal on roof and siding, all new appliances, ungraded insulation, all new vinyl windows & doors, original hardwood flooring combined with new tile flooring. Unit 1 is approx 1200sf on 2 levels with 3 bright bedrooms & 1 modern bathroom with skylight on the upper floor, features a kitchen combined with laundry, and dining room, then opens up to a large living room with lots of natural light, front windows on both levels have water views. Unit 2 boasts approx 675sf with an open concept living room /eat-in kitchen area, with 1 bdrm, 3 pc bath & laundry upstairs. Unit 3 is larger than it looks, with almost 720sf on one floor with a den & living room at one end and a bedroom at the other end, with an open concept eat-in kitchen with island flowing into the dining room in the middle with enough space for a small lounge area to watch tv. A gorgeous 4 pc bath with new fixtures, tiles, and a pocket door. Enter this unit from the driveway /backyard into the sunroom. Parking available for all units with large double wide driveway for 6 vehicles, the double detached garage can be used as a garage but atm 2 interior 100sf sections are rented by 2 tenants as their storage for an extra $100/ month each. Contact LA for more info and book your showing as soon as possible! LA is to be onsite for all showings. Survey is available in the photos. A 5% cap rate minimum is achievable here. See the media tabs for an excellent overview of this property. (id:63267)

SUSAN E. TANTON of CENTURY 21 FIRST CANADIAN CORP,
#X12167677
updated 2 hours ago.
Houseful checked MLS® for data 2 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    8
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    3
  • # total bathrooms
    3.0
  • # of above grade bedrooms
    5
  • Flooring
    Tile, hardwood
Location
  • Community features
    School bus
  • Subdivision
    Port stanley
  • View
    Lake view
  • Water body name
    Lake erie
Lot/ Land Details
  • Lot desc
    Landscaped
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12167677
  • Property sub type
    Multi-family
  • Status
    Active
Rooms Information metric
  • Bathroom
    2.68m X 2.13m
    Level: 2nd
  • 2nd bedroom
    3.83m X 4.04m
    Level: 2nd
  • Primary bedroom
    3.23m X 3.87m
    Level: 2nd
  • Primary bedroom
    4.36m X 3.93m
    Level: 2nd
  • Bathroom
    1.16m X 2.9m
    Level: 2nd
  • 3rd bedroom
    3.03m X 2.72m
    Level: 2nd
  • Den
    2.58m X 1.8m
    Level: Main
  • Bathroom
    1.52m X 2.21m
    Level: Main
  • Sunroom
    3.22m X 2.1m
    Level: Main
  • Kitchen
    2.35m X 2.04m
    Level: Main
  • Living room
    4.55m X 4.08m
    Level: Main
  • Living room
    2.18m X 2.8m
    Level: Main
  • Dining room
    2.41m X 1.88m
    Level: Main
  • Kitchen
    3.02m X 2.44m
    Level: Main
  • Living room
    4.55m X 5m
    Level: Main
  • Kitchen
    3.26m X 7.63m
    Level: Main
  • Primary bedroom
    4.87m X 2.29m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28354581/331-erie-street-central-elgin-port-stanley-port-stanley
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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