151 Elm Street

Nestled in the heart of West Elgin, this charming Multi-Family Home for sale in West Elgin at 151 Elm Street, West Elgin, offers a unique opportunity for those looking to invest in a property that not only provides a comfortable living space but also generates income. With its prime location, this multiplex is a fantastic find for anyone keen on real estate.

As you approach the property at 151 Elm Street, West Elgin, you’ll notice its appealing aluminium siding, which gives it a modern yet classic look. This 1½ storey building boasts a generous total of 15 rooms, including three kitchens, making it ideal for families or individuals seeking a multi-generational living arrangement. The layout includes seven bedrooms spread across the various units, providing ample space for everyone.

The Multi-Family Home for sale in West Elgin features two separate two-bedroom apartments, each currently rented out to long-term tenants. The upper tenant has been in place for 20 years, while the lower side tenant has called this property home for 10 years. Both apartments are rented at a reasonable £750.00 per month, and the rent includes heat and hydro, making it a hassle-free arrangement for both landlord and tenants.

The main unit, a spacious three-bedroom area, has been completely renovated and is ready for immediate occupancy. It features full basement access, which is currently half-finished, and includes laundry facilities. With a new roof installed in 2024 and a furnace set to be replaced in April 2025, the property is well-maintained and prepared for the years to come. Additionally, the electrical system has been upgraded to a 200 amp service, also scheduled for April 2025, ensuring that the home can handle all modern electrical needs.

One of the standout features of this Multi-Family Home for sale in West Elgin is its location. Situated at 151 Elm Street, West Elgin, you’ll find yourself within walking distance of all local amenities. Whether you need shops, schools, or recreational facilities, everything is just a stone's throw away. This makes it not only convenient for you but also an attractive option for potential tenants.

Despite its many advantages, it’s worth noting that the property does not come with a pool or a fireplace, which some buyers might be looking for. Additionally, there is no central vacuum system, and the home is being sold unfurnished. However, these minor details do not detract from the overall appeal of this Multi-Family Home for sale in West Elgin.

The lot measures a comfortable 60 X 61 feet, providing a decent outdoor space without the burden of excessive maintenance. The driveway is private, accommodating up to six parking spaces, which is a significant advantage for a property of this size, especially when considering the number of tenants it can house.

In conclusion, if you’re searching for a Multi-Family Home for sale in West Elgin, look no further than 151 Elm Street, West Elgin. With its solid rental history, recent renovations, and prime location, this property is a gem in the Elgin area. Whether you’re an investor looking to expand your portfolio or a family seeking a spacious home with income potential, this multiplex is well worth a visit. Don’t miss out on the chance to own a piece of West Elgin real estate that promises both comfort and financial return.

West Lorne, nestled within the charming municipality of West Elgin, is a quaint and picturesque village that offers a serene rural lifestyle while still being conveniently accessible. Surrounded by lush farmland and scenic landscapes, this close-knit community is characterised by its friendly atmosphere and welcoming residents. The village features essential amenities, including local shops, parks, and recreational facilities, making it an ideal place for families and individuals seeking a peaceful retreat. With its rich agricultural heritage and a strong sense of community spirit, West Lorne provides a delightful blend of country living and modern conveniences, perfect for those looking to escape the hustle and bustle of city life.

Schools in the Neighbourhood

The property is conveniently located near two educational institutions, making it an attractive option for families with children. West Elgin Secondary School, situated just 0.7 km away, is a public secondary school under the Thames Valley District School Board, offering grades 9 to 12 with a focus on English language studies. However, it has a school rating of 2.3, which may be a consideration for parents evaluating the quality of education. Closer to the property, at a distance of only 0.4 km, is St. Mary's Catholic School, an elementary institution serving grades JK to 8. This school operates under the London District Catholic School Board, but it currently holds a school rating of 0, indicating potential concerns regarding its performance. Both schools provide English language instruction, catering to the local community's needs. The proximity of these schools can be a significant advantage for families, offering easy access to education for children. However, prospective buyers may want to investigate further into the schools' performance and offerings to ensure they align with their educational expectations.