25 Elma Street S Thornbury, ON N0H2P0
Listing Courtesy of: ITSO / Royal Lepage Locations North (thornbury), Brokerage
$1,199,000
3
BED
3
BATH
2,312
SQFT

  25 Elma Street S Thornbury, ON N0H2P0

Active (70 Days)

Description

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.

MLS®:
40483088
Taxes
$2,112
Type
Multifamily
Year Built
1888
County
Grey County
Bathroom Details
Interior Features
  • None
  • Refrigerator
  • Stove
Lot Information
  • Rectangular
  • Near Golf Course
  • Park
  • Rec./Community Centre
  • Schools
  • Shopping Nearby
  • Quiet Area
  • Place of Worship
  • Playground Nearby
  • Trails
  • City Lot
  • Library
  • Dog Park
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Natural Gas
  • None
Basement Information
  • Unfinished
  • Partial
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
School Information
  • Elementary School: Beaver Valley Community School
  • High School: Georgian Bay Community School
Parking
  • Gravel
  • Total: 4
Stories
  • 2
Living Area
  • 2,312 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 16, 2023
Price Changed
$1,199,000
-4%
-51,000
Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 11/29/23 04:07