$ 890,000

331 Erie Street, Central Elgin

Prime Village location just steps to Main Beach and walking distance to cafés, groceries, galleries, live music, theatre, parks, the local Public School, 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, driveway parking for 6, and low taxes!! 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. 2 -10x10' 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 self-directed iGuide Tour (media tab) are available in listing to view all units virtually. 24 hr notice to show the units, and tenants need to confirm. Do not speak to tenants directly. Contact your Realtor to book a showing. LA to be on-site for all showings as per tenants' request. Financials are available to buyers. (id:1945)
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Property details for 331 Erie Street, Central Elgin

Type
Multi-family
Bedrooms
5
Bathrooms
3
Lot Size
66 x 132 FT
Stories
1.5
Basement
Unfinished, Full, Crawl space, N/A
Parking
Detached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Steel
Annual Taxes
$4,613 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 331 Erie Street

Active Listings
1
Min Price
$890,000
Max Price
$890,000
Avg Price
$890,000
Days on Market
64
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Price History

Listed
August 8, 2026
by CENTURY 21 FIRST CANADIAN CORP
Current Price
$890,000
-6.3% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $890,000 $59,900 (-6.3%)
Aug 8, 2026 $949,900 $100,000 (-9.5%)
Apr 2, 2026 $1,049,900 Listed

Contact Agent Get in touch about 331 Erie Street, Central Elgin

SUSAN E. TANTON
SUSAN E. TANTON
CENTURY 21 FIRST CANADIAN CORP

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