Primary photo of 331 ERIE STREET, Central Elgin (Port Stanley)
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Triplex For Sale

$1,049,900

331 ERIE STREET

MLS® Number: X12681932

Bedrooms

5

Bathrooms

3

About This Property

Prime Village location just steps to Main Beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, schools, and year-round amenities. This grandfathered Triplex sits on a double residential lot with a low-maintenance steel-clad exterior, large detached double garage, and large backyard. Fully renovated in 2022 with new metal roof and siding, upgraded insulation, new windows/doors, new appliances, tile flooring, and refinished original hardwood. Unit 1: ~1200 sq ft, 2 levels, 3 bright bedrooms, 1 modern bath with skylight, kitchen, laundry, dining room, and a spacious living room with water views. Unit 2: ~675 sq ft, open-concept living/eat-in kitchen, 1 bedroom, 3-pc bath, and in-unit laundry. Unit 3: ~750 sq ft, single level, large bedroom, den/living area, open eat-in kitchen with island, dining room, updated 4-pc bath, and sunroom entry. Parking for 6 vehicles in the private triple driveway; two 100-sq-ft storage sections currently rented in the garage for extra income @$100 ea/month. Two units are tenanted year-round paying inclusive market rents; the third unit is ideal for owner use or short term guests for higher income potential. Property incl: 3 Hydro meters, 1 forced Air Gas Furnace, 1 HWT, electrical panel in garage with insulation and heat. Survey and media available in listing. Contact your Realtor to book a showing as soon as possible.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Hood Fan

Basement

Unfinished, Partial

Bathrooms Total

3

Bedrooms Total

5

Cooling

Central air conditioning

Flooring

Tile, Hardwood

Heating

Forced air, Natural gas

Building & Exterior

Building Features

Separate Electricity Meters

Exterior Features

Steel

Foundation Details

Concrete

Parking Features

Detached Garage, Garage

Stories

1.5

Land & Location

City Region

Port Stanley

Community Features

School Bus, Community Centre

Frontage Length

66.0 feet

Lot Features

Flat site, Dry, Carpet Free, Sump Pump

Lot Size Dimensions

66 x 132 FT

Postal Code

N5L1E3

View

Lake view

Utilities & Services

Utilities

Sewer, Electricity, Cable

Listing & Financials

Listing Office

CENTURY 21 FIRST CANADIAN CORP

Originating System Name

London and St. Thomas Association of REALTORS®

Other Specifications

Country

Canada

Parking Total

6

Security Features

Smoke Detectors

Mortgage Calculator

20% ($209,980)
5.5%
25 Years

Estimated Monthly Payment

$5,158

Principal and interest only. Actual rates may vary.

Location & Map

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List Property331 ERIE STREET - Triplex for Sale in Central Elgin (Port Stanley), Ontario | MLS® X12681932