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Active

MLS® X13106782

331 Erie St

Name: HouseIndex
Address: 100 King Street West, Toronto, ON, M5X 1A9, CA
Telephone: +1-647-849-9977
Price range: Free

Central Elgin, ON N5L 1E4

$949,900

New this week

Bedrooms

Bathrooms

Size

2500-3000 sqft

Type

1 1/2 Storey

Parking

6 spaces

Age

100+ yrs

Taxes (2026)

$4,856

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Description

6-7% CAP RATE! INVESTMENT PROPERTY! More unit potential! Prime Village location just steps to Main Beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, the Kettle Creek PS, and year-round amenities. This grandfathered-in Triplex sits on a double residential lot with a low-maintenance steel-clad exterior, large detached double garage, and large backyard. Fully renovated in 2022 with new metal roof and siding, upgraded insulation, new windows/doors, new appliances, tile flooring, and refinished original hardwood. Unit 1: ~1200 sq ft, 2 levels, 3 bright bedrooms, 1 modern bath with skylight, kitchen, laundry, dining room, and a spacious living room with water views. Unit 2: ~675 sq ft, open-concept living/eat-in kitchen, 1 bedroom, 3-pc bath, and in-unit laundry. Unit 3: ~750 sq ft, single level, large bedroom, den/living area, open eat-in kitchen with island, dining room, updated 4-pc bath, and sunroom entry. Parking for 6 vehicles in the private triple driveway; two 100-sq-ft storage sections currently rented in the garage for extra income @$100 ea/month. Two units are tenanted year-round paying inclusive market rents; the third unit is ideal for owner use or STR guests for overall higher annual income. Property incl: 3 Hydro meters, 1 forced Air Gas Furnace, 1 HWT, electrical panel in garage with insulation and heat. Survey and media available in listing. Contact your Realtor to book a showing. LA to be on-site for all showings.

Price & Status History

Price history is locked

Property Details

Property TypeTriplex

Style1 1/2 Storey

CommunityPort Stanley

Approximate Age100+

Rooms21

Kitchens3

Washrooms3

Square Feet2500-3000 sqft

Lot Dimensions66 × 132 ft

Fronting OnNorth

Dir/Cross StWilliam

ViewClear, Trees/Woods, Water

Garage TypeDetached

DrivePrivate Triple

Parking Drive Spaces6

Total Parking Spaces6

ExteriorMetal/Steel Siding

RoofMetal

FoundationConcrete

BasementCrawl Space, Unfinished

Heating TypeForced Air

Heating SourceGas

A/CCentral Air

SewersSewer

Taxes (2026)$4,856

HSTIncluded In

UFFINo

Listed Date5/9/2026

Days on Market5 days

PossessionImmediate if assuming all the tenants

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RE/MAX Realtron Realty Inc., Brokerage

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Listing Courtesy of:

CENTURY 21 FIRST CANADIAN CORP

This listing is provided through the TRREB MLS® System.

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MLS® #X13106782

MLS® Data Disclaimer: The listing data provided is courtesy of the Toronto Regional Real Estate Board (TRREB) and its members. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by TRREB. MLS® and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by members of CREA. REALTOR® is a trademark of REALTOR® Canada Inc., a corporation owned by CREA and the National Association of REALTORS®.

Data Accuracy: While every effort has been made to ensure the accuracy of the information, HouseIndex.ca makes no warranties or representations as to the accuracy, completeness, or reliability of this data. All information should be independently verified. Last updated data may not reflect the most current MLS® listings.