82/84 Elora Street

About this home

Excellent investment opportunity in the heart of downtown Mildmay! This well-maintained commercial/residential property features three income-generating units, including two street-level spaces and a spacious residential two bedroom, one bathroom apartment upstairs. Recent updates throughout the property include an updated electrical panel and new pot lights throughout the residential unit. The retail unit has also been upgraded with new windows, providing improved natural light and a fresh, updated appearance. This property comes with a flexible financing opportunity as the Seller is open to entertaining a Vendor Take-Back (VTB) mortgage, offering an attractive option for qualified buyers. All units are fully tenanted, providing immediate and consistent rental income. Located in a high-visibility area with great foot traffic, this versatile building is perfect for investors looking to grow their portfolio with a stable, turnkey property. Don't miss out on this rare chance to own a solid income-producing asset in a vibrant small-town setting!

Details

Type

Other

Style

2-Storey

Size

2000-2500 sq ft

Lot

24.5 × 132 ft

Basement

Unfinished

Garage

None

Kitchens

1

Property tax

$6,026 (2025)

Neighbourhood

South Bruce

Municipality

South Bruce

Interior

Bedrooms

2 above ground

Bathrooms

1 × 3-piece, 1 × 2-piece

Rooms

8 above ground

Family room or den

No

Fireplace

No

Heating, cooling and services

Heating

Forced Air, Gas

Air conditioning

Central Air

Building and exterior

Style

2-Storey

Exterior

Brick

Roof

Asphalt Shingle

Foundation

Stone

Faces

East

Parking

Total parking

2

Lot

Size

24.5 × 132 ft

More

Possession

Flexible

Cross street

Absalom St