16 HAMPTON Street , Elmira Ontario N3B1X9

Sale $979,900  | 
Listing # 40820182
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Jen Lema

Jen Lema

Salesperson/REALTORĀ®

Phone: 519.578.7300
Fax: 519.742.9904
Mobile: 647.200.8677

soldwithjenlema@gmail.com
jenlema.ca

Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

Brokerage

71 Weber STREET EAST
Kitchener,  ON N2H1C6

Remarks:

Opportunity Awaits! Legal dwelling conversion to 3 units (triplex) overlooking downtown Elmira! Don't miss this charming century-old home offering strong income potential. Two separate 1BR/1BA apartments plus a primary unit provide flexibility to live in one and rent the others, or rent all three for estimated gross income of at least $5,000/month. Features of the home include a large welcoming front porch and upper balcony, updated eat-in kitchen with white cabinetry and granite counters, formal dining room, living room, office/den, original wood floors and natural wood staircase. Three spacious bedrooms, two full bathrooms, walk-up attic space oozing with potential, and a large finished rec room with gas fireplace. Property features an addition to the back of the home where you'll find an attached oversized deep garage and 2 separate apartments with their own storage space and separate entrances; Apartment unit 1 was fully renovated in 2022 and vacant as of May 1 allowing you to pick your own tenant; second unit rented month-to-month with long-term tenant. Outside provides ample parking, private partially fenced yard with interlocking patio and storage shed. Mechanical upgrades: furnace and central air replaced in 2019, owned water heater 2025. This one is a must see! Book your showing today and start earning where you live tomorrow. (id:27)

Investment

Lot Frontage: 56 Feet
Lot Depth: 120 Feet
No. of Parking Spaces: 7
Floor Space (approx): 3885 Square Feet
Built in: 1910
Bedrooms: 5
Bathrooms (Total): 4
Zoning: C2

Property Features:

Access Type: Road access
Amenities Nearby: Golf Nearby , [] , Public Transit , Schools
Community Features: Community Centre
Features: Paved driveway , Sump Pump
Fence Type: Partially fenced
Ownership Type: Freehold
Parking Type: Attached garage
Property Type: Multi-family
Sewer: Municipal sewage system
Structure Type: Shed , Porch

Building Features:

Appliances: Water softener , Window Coverings , Garage door opener
Basement Development: Partially finished
Basement Type: Full
Building Type: Triplex
Cooling Type: Central air conditioning
Exterior Finish: Aluminum siding , Brick
Foundation Type: Block
Heating Fuel: Electric , Natural gas
Heating Type: Baseboard heaters , Forced air