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45 Wellington Road 124 Erin, Ontario N0B 1T0

6 Bedroom 3 Bathroom 2500 - 3000 sqft
Fireplace Forced Air, Heat Pump

$924,111

Invest in your future in the charming & growing community of Erin! Versatile income-generating property features 2 detached houses for a total of 3 separate above-grade apartments! Perfect for a multi-generational family, or opportunity to supplement your mortgage by living in one unit & earning rental income from the others or/ just cash flow from a fully tenanted investment or/ make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties. Enjoy the countryside feel while still being able to walk to shops & nearby trails. A rare opportunity to add a flexible, cash-flowing asset to your portfolio within an hour to GTA! You'll appreciate the central location & long-term value the area provides. Major Value Is Location + Current Set Up: 2 detached houses, 2 natural gas furnaces, 2 separate electrical panels, 2 hydro meters, 2 septic systems, 2 hot water tanks (1 owned, 1 rented), well, UV system, heat pump, parking for 8+ cars on paved driveway. Each apartment has it's own entrance, 2 bedrooms and 1 bathroom, kitchen, bright living room, outdoor patio area & 2 car parking for each. Bonus: Detached bungalow has it's own separate hydro meter, electrical panel, natural gas furnace, hot water tank, & laundry. Granite countertops & large breakfast bar complimented w/ barn board in the kitchen w/ S/steel stove 2024, fridge & microrange'18. Plus, huge unfinished basement too! Bungalow Roof + Gas BBQ line'17. UV system'18. Carpet free Bungalow - Bedrm 2 Flooring'18. There's more... Separate Detached 2 storey Duplex w/ 2 separate apartments. Heat pump 2024. Luxury Vinyl flooring upper bedrooms'25. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20. Chimney swept'25. Zoning R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot. 48 hrs needed for showings pls. (id:57276)

Property Details

MLS® Number X13615714
Property Type Single Family
Community Name Erin
CommunityFeatures School Bus
EquipmentType Water Heater - Electric, Water Heater
Features Wooded Area
ParkingSpaceTotal 8
RentalEquipmentType Water Heater - Electric, Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsTotal 6
Amenities Separate Electricity Meters
Appliances Water Treatment
BasementDevelopment Unfinished
BasementFeatures Separate Entrance
BasementType N/a, N/a (unfinished)
ExteriorFinish Hardboard, Stone
FireplacePresent Yes
FireplaceTotal 1
FireplaceType Woodstove
FoundationType Block
HeatingFuel Electric, Natural Gas
HeatingType Forced Air, Heat Pump
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Other
UtilityWater Bored Well

Parking

No Garage

Land

Acreage No
SizeFrontage 110 Ft
SizeIrregular 110 Ft
SizeTotalText 110 Ft

Utilities

Electricity Installed

https://www.realtor.ca/real-estate/30090326/45-wellington-road-124-erin-erin

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Kari Clark
Salesperson

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