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163 John Street S Minto, Ontario N0G 1Z0

4674.61 sqft
Baseboard Heaters

$1,099,000

Discover a prime rental opportunity with this well-maintained property featuring four distinct units. The standout unit is a spacious 3-bedroom gem, showcasing original red pine flooring and modern updates throughout, with a projected rental income of around $2,000 once the current owners sell and relocate. The building also includes three additional 2-bedroom units, each with their own laundry facilities, updated windows, and shingled roof in the last 7 years. The main floor back unit boasts separate access from the side street and carport parking, while the upper fourth unit offers a delightful deck perfect for morning coffee. The detached shop is a dream for hobbyists, complete with a 2-piece washroom, hydro, and natural gas heat. With potential to convert the shop's second level into a bachelor suite for extra rental income or to sever the lot and sell it at market value, this property presents a versatile and lucrative investment opportunity. (id:42029)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12049582
Property Type Multi-family
Community Name Minto

Building

HeatingType Baseboard Heaters
SizeInterior 4674.61 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 132 Ft ,1 In
SizeFrontage 165 Ft ,1 In
SizeIrregular 165.15 X 132.12 Ft
SizeTotalText 165.15 X 132.12 Ft
ZoningDescription R1b

https://www.realtor.ca/real-estate/28092337/163-john-street-s-minto-minto

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Sue Bolognone
Broker


RE/MAX Midwestern Realty Inc
995 Wallace Ave N
Listowel, Ontario N4W 1M6

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