233 Geddes Street, Centre Wellington | Image 1

233 Geddes Street

Centre Wellington, Elora/Salem

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Sep 11, 2022

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 3-Storey

  • Size: 5000 sqft

  • Lot Size: 68 x 115 Feet

  • Age: No Data

  • Taxes: $7,382 per year

  • Days on Site: 53 Days

  • Added: Jul 20, 2022 (1 month on market)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X5705139

  • Listed By: Royal lepage royal city realty ltd., brokerage

This 3 Building, 11 Unit Property With Ample Parking Is Nestled In The Heart Of Elora And Is Mere Steps To All Of The Desirable Shops And Restaurants Located Within The Downtown Core. Building A Is A Charming Stone Structure That Includes 4X One Bedroom Units And 1X Three Bedroom Unit. This Building Is Fully Tenanted And Contains Separate Hydro Meters. Building B Is Situated At The Rear Of The Property And Includes A Coin Operated, Shared Laundry Area And Storage Units For Each Of The 11 Units. The Second Level Of Building B Consists Of 2X One Bedroom Units, With Separate Hydro Meters, Which Are Both Currently Tenanted. Building C Includes 4X One Bedroom Units With Large Living Rooms; One Of Which Is Newly Vacant. The Property Has Been Well Managed By The Owners For The Past 28 Years And Maintains Long Standing Tenants. This Fantastic Opportunity Is Nestled Minutes From The Elora Mill, The Elora Gorge, And Several Fabulous Views Of The Grand River.

Extras

Current Rental Income: $107,700.00/Year.

Status

  • Days on Market: 53

  • Last Status: Sold

  • Sold Date: Sep 11, 2022

  • Closed Date: Jan 02, 2023

  • Expiry Date: Dec 31, 2022

  • Sold Price: $1,910,000

  • Unavailable Date: Sep 11, 2022

  • Input Date: Jul 21, 2022

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Size (sq ft): 5000

  • Area: Centre Wellington

  • Community: Elora/Salem

  • Availability Date: Flexible

  • Assessment Amount: $369,000

  • Assessment Year: 2022

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 4

  • Bathrooms: 11

  • Kitchens: 9

  • Kitchens Plus: 2

  • Rooms: 11

  • Den/Family Room: No

  • Air Conditioning: Window Unit

  • Fireplace: No

  • Laundry Level: Main

  • Washrooms: 11

Building

  • Basement: None

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Stone

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 9

  • Total Parking Spaces: 9

Fees

  • Tax Year: 2021

  • Tax Legal Description: Lt 70 Pl 181 New Survey Elora; Centre Wellington

  • Taxes: $7,382

Highlights

  • Feature: River/Stream

Land

  • Cross Street: Between Moir St & Da

  • Municipality District: Centre Wellington

  • Fronting On: East

  • Parcel Number: 714160020

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 115 Feet

  • Lot Frontage: 68 Feet

  • Zoning: C4

Additional Media

  • Virtual Tour: https://tours.visualadvantage.ca/cp/c340ab3c/
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