Attention Investors and Multi-Family Buyers! Rare opportunity to own a modern 4-plex in the heart of Listowel featuring four spacious 3-bedroom, 1-bathroom units, each with in-suite laundry and separate hydro and gas meters. Built in 2015, this 10-year-old building has been exceptionally maintained and offers a strong gross annual income of $69,079 with potential for much more. One unit is currently vacant, presenting an excellent opportunity to rent at current market rates of over $2,300 per month or to move in and let the other units help pay your mortgage. Perfect for investors or an owner-occupier seeking a multi-family residence, this property provides flexibility to live in one unit while housing extended family or generating steady rental income. Each unit features bright, open living spaces with laminate flooring throughout, modern kitchens equipped with a refrigerator, stove, dishwasher, and over-the-range microwave, as well as a mechanical/storage room for added convenience. The main floor units provide all one-level living and include a private terrace by the entrance—ideal for barbecues or relaxing outdoors. Each unit has its own dedicated parking space, and the property is pet-friendly, located in a quiet, family-oriented neighborhood close to downtown Listowel, Listowel Memorial Hospital, and nearby green space. With newer construction, separate utilities, and low maintenance costs, this property offers an exceptional blend of comfort, flexibility, and income potential—making it ideal for both investors and those seeking a multi-generational living opportunity in a thriving community. Don’t miss out on this solid investment with endless possibilities. (id:47421)
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Detailed Information
Bedrooms
12
Bathrooms
4
Lot
82 x 112 ft
Amenities Nearby
Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools
Community Features
Community Centre
Listing Contract Date
2025-11-01
Location Description
Take Elma St E and Wallace Ave S to Union St W
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
R4
Building
Appliances
Microwave Built-in
Basement Type
None
Constructed Date
2015
Cooling Type
Central air conditioning
Exterior Finish
Brick, Vinyl siding
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Fourplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Open
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools
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