ON > Minto > Minto
Minto, ON N0G 1Z0,163 John ST S
Minto, ON N0G 1Z0,163 John ST S
Minto, ON N0G 1Z0,163 John ST S
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,099,900
Est. payment /mo
4,674 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,674 sqft

Price per Sqft $235

Subdivision Minto

MLS Listing ID X12049582

Annual Tax Amount $4,122

Tax Year 2024

Property Sub-Type Investment

Lot Depth 132.12

Lot Front 165.15

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 $1800 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 Minto

Area Wellington

Zoning R1B

Interior

Cooling No

Inclusions Owner will be willing to negotiate their appliances in the sale,

Exterior

Utilities Available Yes

Lot Frontage 165.15

Lot Depth 132.12

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Listed by RE/MAX Midwestern Realty Inc

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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