$1,199,000
Available - For Sale
Listing ID: X11879944
3 ELORA St , Minto, N0G 1M0, Ontario


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 $1,199,000
Taxes: $6797.05
Assessment: $262000
Assessment Year: 2024
Occupancy by: Tenant
Address: 3 ELORA St , Minto, N0G 1M0, Ontario
Postal Code: N0G 1M0
Province/State: Ontario
Legal Description: Part Lot 175 Plan Village of Clifford: A
Directions/Cross Streets: Elora Street (HWY 9) in Clifford to Allan Street at the lights, property on the N/W corner of Allan
Category: With Property
Total Area: 9000.00
Total Area Code:  Sq Ft
Retail Area: 4000
Chattels: Y
Seats: 100
Insurance Expense: $8160
 Heat Expenses: $7800
 Hydro Expense:  $13789
Other Expenses: $4345
Operating Expenses: $50063
Expenses Actual/Estimated: $Est
Outside Storage: N
Rail: N
Crane: N
Elevator Lift: None
Sewers: Sewers
Water: Municipal
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE RCR REALTY
Personal Picture
Anita D'mello
Sales Representative
Dir:
416-795-5761
Bus:
416-288-0800
Fax:
416-288-8038
 
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At a Glance:
Type: Com - Sale Of Business
Area: Wellington
Municipality: Minto
Neighbourhood: Clifford
Style:
Lot Size: 65.52 x ()
Approximate Age:
Tax: $6,797.05
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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