For Sale

$3,650,000

5680 Wellington Road 23 , Erin, ON N0B 1T0

Between 17 & 22

Remarks

Excellent investment opportunity super close to downtown Erin on a quiet paved road. ~50 arable acres leased year to year for $175/acre. Main bungalow was gutted to the studs ~ 9 years ago & has 2 self contained 2 bedroom units with good tenants who wish to stay ($3,450/month) for total annual income of $50,150. A new septic was installed by Chard ~ 8 years ago. The workshop was reclad, spray foam insulated & converted to elegant living space in 2013. The main level offers soaring 10 foot ceilings, engineered hardwood or ceramic floors, & a spacious den/home office with convenient separate entrance. The open concept kitchen offers abundant cabinetry, backsplash, island & granite counters & the dining room has a walk out to the 14' x 30' BBQ deck. All trim and doors are Poplar. There is also a 2-car garage with storage loft. Land is not eligible for severance under current Provincial regulations.

Property Summary

  • Neighbourhood: Rural Erin
  • Annual Tax Amount: $5,654.70
  • Lot Frontage: 75 Feet
  • Lot Depth: 75 Feet

Property Features:

  • Air Conditioning:
    Central Air
  • Occupancy:
    Own+Ten
  • Survey:
    Yes
  • UFFI:
    No
  • Utilities:
    Yes
  • Water:
    Well
  • Water Supply Types:
    Drilled Well

Building Features:

  • Basement:
    No
  • Heat Type:
    Propane Gas
Lifestyle
Neighbourhood Info
Mandy Dedora

Mandy Dedora

Sales Representative

Phone:  705.435.3000

Fax:  705.435.3001

Kristin French

Kristin French

Sales Representative

Phone:  705.435.3000

Fax:  705.435.3001

Royal LePage RCR Realty, Brokerage (Independently owned and operated)

7 VICTORIA STREET WEST
Alliston,  ON L9R1V9

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