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233 Geddes Street Elora, Ontario N0B 1S0

13 Bedroom 11 Bathroom 6500
Window Air Conditioner Forced Air, Hot Water Radiator Heat

$2,300,000

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. Current Rental Income:$107,700.00/year. (id:19593)

Property Details

MLS® Number 40298035
Property Type Multi-family
Amenities Near By Hospital, Shopping
Equipment Type None
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 9
Rental Equipment Type None

Building

Bathroom Total 11
Bedrooms Total 13
Basement Type None
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Stone, Stucco, Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air, Hot Water Radiator Heat
Stories Total 3
Size Interior 6500
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Shopping
Sewer Municipal Sewage System
Size Depth 116 Ft
Size Frontage 69 Ft
Size Total Text Under 1/2 Acre
Zoning Description C4

https://www.realtor.ca/real-estate/24689011/233-geddes-street-elora


Royal LePage Royal City Realty Brokerage
118 Main Street
Rockwood, Ontario N0B 2K0

(519) 856-9922
(519) 856-9909
www.royalcity.com

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