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45 Wellington Road 124, Erin, ON N0B 1T0

Erin, ON

$924,111
MLS® #: X13615714
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Description

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= Central location & long-term value with 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. Fully rented! Reach out for financials. 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.

Quick Details

Beds6
Baths3
TypeResidential Freehold
Sq Ft0
Parking Spaces8
Taxes$4,929
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Comprehensive Property Details

Assessment Year 2025
Bedrooms Above Grade 6
Central Vacuum Y N No
City Region Erin
Contract Status Available
Country CA
County Or Parish Wellington
Covered Spaces 0
Cross Street Delarmbro Drive/Main Street
D D F Y N Yes
Direction Faces North
Directions Main street/52/9th line, South on 124, house on right past apartments and open fields
Electric Y N A Yes
Ensuite Laundry Y N No
Expiration Date 2026-12-15
Fireplace Y N Yes
Garage Type None
Garage Y N No
Heat Source Electric
Heat Type Forced Air
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
Kitchens Above Grade 3
Kitchens Total 3
List A O R Toronto Regional Real Estate Board
List Office Name REAL BROKER ONTARIO LTD.
Living Area Range 2500-3000
Lot Size Area Units Acres
Lot Size Source MPAC
Lot Size Units Feet
Lot Width 110
Mls Status New
Occupant Type Tenant
Parcel Number 711510447
Parking Spaces 8
Possession Details Flexible
Possession Type Flexible
Postal Code N0B 1T0
Property Sub Type Other
Roll Number 231600001011800
Sign On Property Y N Yes
Standard Status Active
State Or Province ON
Street Name Wellington Road 124
Street Number 45
Street Suffix N/A
Survey Type Unknown
Tax Legal Description PT LT 13 CON 9 ERIN AS IN ROS564862; S/T ROS605548; ERIN
Tax Year 2026
Transaction Type For Sale
Vendor Property Info Statement No
Washrooms Type1 1
Washrooms Type1 Level Main
Washrooms Type1 Pcs 3
Washrooms Type2 1
Washrooms Type2 Level Lower
Washrooms Type2 Pcs 4
Washrooms Type3 1
Washrooms Type3 Level Upper
Washrooms Type3 Pcs 4
Waterfront Y N No