Here is a great investment opportunity to purchase a six unit mixed use commercial/residential building in a prime location in Downtown Elora. Already shows good income - with lots of potential to take it to the next level. Currently configured with 2 commercial units and 4 residential units ( two 2 bedroom and two 1 bedroom ). The building has frontage on TWO streets - Metcalfe and Geddes. The two commercial units face bustling Metcalfe street. Two upper residential units. And two of the residential units are ground floor level facing Geddes. 4 valuable parking spots for tenants on Geddes. The one upper residential unit is very unique with 2 entrances on either side of the building, has a 2nd loft level and outdoor balcony. Lots of possibilities for the new owner to reconfigure the building layout and add value here. Elora is continuing to evolve in a big way - and this building is a prime piece of real estate in the middle of the action.
:From Wellington Rd 7, turn east onto McNab St, then take the 3rd exit of round about onto Metcalfe Street, continue straight through the set of lights.
133 - 135 Metcalfe Street Property Price & Tax Insights
Price
: $2,199,900
Property Taxes
:$6504
Tax Year
:2024
133 - 135 Metcalfe Street, Centre Wellington Property Details
Place of Worship
:No
Cross Street
:Geddes Street
Approx Square Footage
:5109.6 sqft
133 - 135 Metcalfe Street, Centre Wellington - Price History
2024-11
07 Nov, 2024
TREB #40639687
Canceled
$2199900
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