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 |