$1,695,000
11.40 BTC
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254 Centre Street, Essa
$1,695,000
PRICE
8 + 6
BEDROOMS
10
BATHROOMS
N12281850
MLSID

254 Centre Street, Essa

Rarely available Legal 10-Plex apartment building . Four 2 beds / Six 1 beds with spacious well laid out apartments throughout ( see attached floorplans) . The units are separately metered for gas and hydro hence all tenants pay their own separate heat and hydro bills plus rental gas water heaters. Heating via gas fireplaces or gas wall units with some electric baseboard supplemental heat. Fully rented with good tenant portfolio . Excellent income and expenses figures with healthy upside to potential rents . Lots of parking spots for tenants and visitors . Laundry room with coin washer dryers . Quiet side street location on a good sized mature lot with plenty of outside lawn area for tenants . Zoning R 3 Medium Density Believed original front 4 units building added too with addition in 1987 of rear 6 unit building connected by hallways laundry and storage areas. Building just updated Fire code compliant. Solid Investment opportunity to add to your portfolio !
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Sold History

SOLD
8 July 2005
$621,000

Summary

Address
254 Centre Street
City
Community
MLSID
N12281850
Property Type
Multiplex
Property Category
Bedrooms
8 + 6
Bathrooms
10
Rooms
24 + 16
Kitchens
6 + 4
Zoning
R3
Taxes (Annual)
$6,199.62
Tax Year
2024
Published
July 13, 2025
Days on Market
47 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Existing 10 Fridges and stoves. (All sold in AS IS condition but working fine)

Exclusions

Tenants Belongings

Details

Property Features
Level
Bathroom 1
4-Piece Lower Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Upper Level
Parking Spaces
17
Parking Total
17
Parking Features
Private Double
Architectural Style
2-Storey
Roof
Asphalt Shingle, Membrane
Construction Materials
Aluminum Siding
Lot Size
19,989 SquareFeet
Lot Width
161 Feet
Lot Depth
120 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with HOMELIFE INTEGRITY REALTY INC.
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