PLEASE NOTE : This revenue property/rebuild is being directed to developers, builders or investors for a private sale.
ERLTON HOUSE – GENERAL PROPERTY INFORMATION .
PRICE: $950K
– Lot – 50′ x 120′ Downton Property – South Side – Near Macleod Trail, top of the Cemetery Hill
– This property is an up/down duplex.
– MCG Zoning – Densifier 72
– Multiple dwelling units allowable. Duplex, four plex and more possible.
– This property has a back lane.
– Taxes – $408/month.
– Monthly Revenue ~ $3400.00 approx.
– House built in 1945, and is an up/down duplex with a common area for laundry.
– New Roof on House – 2023
– New Roof on Garage – 2024
– The gas meter and gas lines have been redone.
– The Electrical has been upgraded with a new panel and 100 Amp service.
– Independent entrances for tenants.
– Both suites always fully rented.
– UPPER SUITE – approx 896′ sq.
Monthly revenue ~ $1800 avg. with utilities.
– Bright south-facing house with lovely sunny living room, and two bedrooms.
– The upstairs has a relatively newer kitchen. – The bathroom has also been redone with beautiful tile in the shower/bath.
– The two bedrooms upstairs are very well kept and clean – Excellent tenants.
– There is a deck at the back just off the kitchen for the upstairs tenant.
LOWER SUITE – approx 750′ sq.
– Monthly revenue ~ $1300 avg. with utilities.
– This basement suite has been totally redone with new kitchen, bathroom, and bedroom.
– Construction went right back to the concrete walls with new insulation etc.
– Sound dampening between floors.
– New plumbing, electrical, and heating.
– It has a gas fireplace, and is a bright sunny south-facing direction.
– This lower suite has one bedroom, one bathroom.
– The main area is one large, sunny open room which makes up the living room, dining room, and kitchen.
GARAGE – OVERSIZE DOUBLE – (24′ x 30′) off the back lane.
Revenue – $300/month
– It is fully wired to work as a carpentry shop with a lot of outlets, exterior motion sensors and 220 volt power with a welding plug.
– It also has phone and direct wire internet connection, and WiFi.
– The ceiling in the garage is 9′ – Great for turning 8′ sheets of plywood.
– The garage is fully insulated, has natural gas heat, and a washroom with shower, sink and toilet and electric hot water tank.
– Overhead door is a 16′ x 8′.
– There are 36″ doors on the east, west and south sides of the garage.
– The garage also has a 16′ x 24′ carport accessed from the back lane, which is fantastic in rain, hail or snow.
– Two auxiliary mobile sheds, not for sale.
– Although the information provided in the preceding discription is believed to be correct, it is not guaranteed.
Please call Ken for more information. 403-660-6198
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