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25 Elma Street S

Thornbury, ON

MLS® 40483088

For sale
$1,199,000

Bedrooms
3
Bathrooms
3
Presenting an exceptional investment opportunity in Thornbury—a fully occupied 4-plex apartment nestled within a charming 2312 sqft century red brick residence. This property comprises three one-bedroom apartments and one bachelor apartment, making it an ideal addition to your investment portfolio. Here's a closer look at each apartment: 1. Apartment 1: Located on the main floor, this one-bedroom unit boasts a spacious 4-piece bathroom and a walkout to a generously sized covered porch. 2. Apartment 2: Situated on the second floor, this one-bedroom apartment features a 4-piece bathroom and a walkout to a cozy small porch. 3. Apartment 3: This bachelor apartment is conveniently located on the main floor and offers a 3-piece bathroom. 4. Apartment 4: Spanning two levels, this one-bedroom unit includes a 4-piece bathroom and a walkout to a sizable second-floor deck. Key Property Features: • Roof replaced in 2016, ensuring worry-free ownership and maintenance. • One dedicated parking space for each apartment • The property is within easy walking distance to all Thornbury's shops, Georgian Bay, the Georgian Trail, and an array of amenities and activities that make this area highly sought after. This well-tenanted 4-plex provides an excellent opportunity for steady rental income and long-term appreciation in a picturesque and vibrant community. Don't miss out on the potential this investment property has to offer in the heart of Thornbury. Of further note, the property could be converted back to a single family residence.
Property Details
Parking Total
4
Property Type
Residential
Community Features
Rectangular
Dog Park
City Lot
Near Golf Course
Library
Park
Place of Worship
Playground Nearby
Quiet Area
Rec./Community Centre
Schools
Shopping Nearby
Trails
Building
Appliances
Refrigerator
Stove
Basement Type
Partial
Unfinished
Bathrooms
3
Bedrooms
3
Building Type
Multi-4 Unit
Heating
Forced Air
Natural Gas
Roof
Asphalt Shing
Sewer
Sewer (Municipal)
Stories
2
Water Source
Municipal
Land
Lot Depth
83.66 ft
Lot Front
66.16 ft
Lot Size Area
5535
Acres
< 0.5 Acres
Zoning
R1-1
Landscape Features
Balcony
Year Round Living
HoodQ
Walk Score
Royal LePage Locations North (Thornbury), Brokerage

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.

Listing ID: 143458996
Last Updated: 2023-11-16 16:54:26