Property Information:
Excellent investment opportunity super close to downtown Erin on a quiet paved road. ~50 arable acres leased year to year for $175/acre. Main bungalow was gutted to the studs ~ 9 years ago & has 2 self contained 2 bedroom units with good tenants who wish to stay ($3,450/month) for total annual income of $50,150. A new septic was installed by Chard ~ 8 years ago. The workshop was reclad, spray foam insulated & converted to elegant living space in 2013. The main level offers soaring 10 foot ceilings, engineered hardwood or ceramic floors, & a spacious den/home office with convenient separate entrance. The open concept kitchen offers abundant cabinetry, backsplash, island & granite counters & the dining room has a walk out to the 14' x 30' BBQ deck. All trim and doors are Poplar. There is also a 2-car garage with storage loft. Land is not eligible for severance under current Provincial regulations.
Building Features:
-
Basement:
No
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Heat Type:
Propane Gas
Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
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