82/84 Elora Street, South Bruce, ON N0G 2J0

$529,000
2
BD
2
BA
2,000
SqFt

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List Price
$529,000
MLS#
X13415150
Status
ACTIVE
Type
Single Family Residential
SubType
Other
Style
2-Storey
Bedrooms
2
Bathrooms
2
Living Area
2000-2500
Province
ON
Municipality
South Bruce
Area
Bruce
Neighborhood
South Bruce
Subdivision
Absalom St

Property Description

Excellent investment opportunity in the heart of downtown Mildmay! This well-maintained commercial/residential property features three income-generating units, including two street-level spaces and a spacious residential two bedroom, one bathroom apartment upstairs. Recent updates throughout the property include an updated electrical panel and new pot lights throughout the residential unit. The retail unit has also been upgraded with new windows, providing improved natural light and a fresh, updated appearance. This property comes with a flexible financing opportunity as the Seller is open to entertaining a Vendor Take-Back (VTB) mortgage, offering an attractive option for qualified buyers. All units are fully tenanted, providing immediate and consistent rental income. Located in a high-visibility area with great foot traffic, this versatile building is perfect for investors looking to grow their portfolio with a stable, turnkey property. Don't miss out on this rare chance to own a solid income-producing asset in a vibrant small-town setting!

Additional Information

Taxes
$6,026
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
1
Exterior
Brick
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Wilfred McIntee & Co Limited.