Elora St. to Pellister, corner of John & Pellister Perfect Investment Opportunity â 4-Unit Home on Spacious Lot with Detached Shop! Looking for a great way to enter the real estate market? This 4-unit home offers endless possibilities for investment or multi-family living. Located on a large lot with a detached, heated shop and full water/sewer hookups, this property is a rare find! Property Highlights: Unit 1: 3-bedroom, 1-bath â Spacious and comfortable for owner-occupancy or a long-term tenant. Units 2-4: 2-bedroom, 1-bath each â Ideal for generating steady rental income. Detached Shop: Heated and equipped with water/sewer â perfect for hobbies, extra storage, or a potential workshop. Large Lot: Offers plenty of space for outdoor activities, future development, or additional parking. Whether youâre looking to move in and let the tenants cover your mortgage or bring in family members to share the space and the investment, this property offers flexibility for multi-family living with independence. The extra income from the three 2-bedroom units can help make homeownership more affordable, while still giving everyone their own private space. Options for You: Owner-Occupy: Live in Unit 1 and let the tenants pay the mortgage. Family Investment: Have a family member who wants to buy in with you? Move into 2 units, and let the rest cover the costs. Ideal for Multi-Family Living: Enjoy the independence of separate units while still being close by. This is a fantastic opportunity to create long-term wealth, live affordably, or house extended family â all while enjoying the convenience of a spacious lot and a detached shop with all utilities available! (id:27476)
