133 - 135 Metcalfe Street Elora, Ontario N0B 1S0

5109.6 sqft

$2,199,900

Here is a great investment opportunity to purchase a six unit mixed use commercial/residential building in a prime location in Downtown Elora. Already shows good income - with lots of potential to take it to the next level. Currently configured with 2 commercial units and 4 residential units ( two 2 bedroom and two 1 bedroom ). The building has frontage on TWO streets - Metcalfe and Geddes. The two commercial units face bustling Metcalfe street. Two upper residential units. And two of the residential units are ground floor level facing Geddes. 4 valuable parking spots for tenants on Geddes. The one upper residential unit is very unique with 2 entrances on either side of the building, has a 2nd loft level and outdoor balcony. Lots of possibilities for the new owner to reconfigure the building layout and add value here. Elora is continuing to evolve in a big way - and this building is a prime piece of real estate in the middle of the action. (id:47351)

Property Details

MLS® Number 40639687
Property Type Office
CommunityFeatures High Traffic Area

Building

BasementType Full
ConstructionMaterial Wood Frame
ExteriorFinish Stone, Stucco, Wood
StoriesTotal 3
SizeExterior 5109.6000
SizeInterior 5109.6 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeFrontage 54 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C1

https://www.realtor.ca/real-estate/27357734/133-135-metcalfe-street-elora