16
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$1,099,900
Est. payment /mo
4,674 SqFt
New
163 John ST S Minto, ON N0G 1Z0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,674 sqft
Price per Sqft $235
Subdivision Minto
MLS Listing ID X12049582
Annual Tax Amount $4,122
Tax Year 2024
Property Sub-Type Investment
Property Description
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 $1800 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.
Location
Province ON
County Wellington
Community Minto
Area Wellington
Zoning R1B
Interior
Cooling No
Inclusions Owner will be willing to negotiate their appliances in the sale,
Exterior
Utilities Available Yes
Lot Frontage 165.15
Lot Depth 132.12
Listed by RE/MAX Midwestern Realty Inc