221 Highview DR Active Save Request In-Person Tour Request Virtual Tour
Elgin,ON N5R 5H6
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision St. Thomas
MLS Listing ID X12193305
Style 2 1/2 Storey
Bedrooms 12
Annual Tax Amount $8,934
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Rare Opportunity for Investors Seeking Quality + Cash Flow. This purpose-built 6-unit apartment building is the kind of investment that doesn't come along often. Constructed with solid concrete floors and exterior walls, every suite is essentially its own firebox -offering exceptional durability, safety, and long-term value. Perfectly positioned right across from the Elgin Mall, tenants enjoy unmatched convenience with shopping, transit, and amenities just steps away. Inside, each updated unit impresses with: stainless steel appliances, laminate flooring throughout, plank porcelain bathroom tile porcelain-tiled kitchens and all-wood trim and doors for a warm, modern finish. Additional income and ease of management come from the on-site coin laundry located on the lower level. Every unit also features its own water heater and is separately metered for hydro, giving investors full control over operating costs and boosting profitability. Whether you're expanding your portfolio or securing a stable, low-maintenance asset, this property checks all the boxes.
Location
Province ON
County Elgin
Community St. Thomas
Area Elgin
Rooms
Family Room No
Basement Partial Basement
Kitchen 6
Interior
Interior Features Floor Drain,Separate Heating Controls
Cooling Wall Unit(s)
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Controlled Entry,Landscaped
Parking Features Private
Pool None
View City
Roof Type Asphalt Shingle
Lot Frontage 87.47
Lot Depth 115.82
Total Parking Spaces 7
Building
Building Age 16-30
Foundation Concrete,Poured Concrete
Others
ParcelsYN No
Virtual Tour https://listings.walkthrumedia.ca/sites/opzvvbq/unbranded