Wellington, ON N0G 1Z0,163 JOHN ST
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$ 1,199,900
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163 JOHN ST Wellington, ON N0G 1Z0

9 Beds

5 Baths

4,674 SqFt


UPDATED:

11/28/2024 12:18 AM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,674 sqft

Price per Sqft $256

MLS Listing ID X10780092

Bedrooms 9

Annual Tax Amount $4,122

Tax Year 2024

Lot Size 0.500 Acres

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 $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.

Location

Province ON

County Wellington

Community Harriston

Area Wellington

Zoning R1B

Region Harriston

City Region Harriston

Rooms

Basement Unfinished, Full

Kitchen 0

Interior

Cooling None

Inclusions Owner will be willing to negotiate their appliances in the sale, None

Laundry Common Area, Ensuite, Other

Exterior

Parking Features Other, Other, Other

Garage Spaces 6.0

Pool None

Utilities Available Unknown

Roof Type Asphalt Shingle

Lot Frontage 165.15

Lot Depth 132.12

Total Parking Spaces 6

Building

Foundation Stone

New Construction false

Others

Senior Community Yes

Security Features Unknown


Listed by RE/MAX Midwestern Realty Inc. Brokerage
agent

Akash Sharma

Real Estate Agent

+1(343) 804-0015

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