163 John Street S Minto, Ontario N0G 1Z0

$1,099,900

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. (id:42776)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12049582
Property Type	Multi-family
Community Name	Minto

Building

Heating Type	Baseboard Heaters
Size Interior	4,675 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	132 Ft ,1 In
Size Frontage	165 Ft ,1 In
Size Irregular	165.15 X 132.12 Ft
Size Total Text	165.15 X 132.12 Ft
Zoning Description	R1b

https://www.realtor.ca/real-estate/28092337/163-john-street-s-minto-minto