35 MILL Street
Elmira, Ontario
6 bed • 3 bath • Multi-family
Excellent Investment Opportunity in Elmira! This well maintained, purpose built triplex is fully occupied and will make a great addition to any investment portfolio. Each of the three spacious units feature 2 bedrooms, generous living room, eat in kitchen and 1 bathroom, with the upper and middle units enjoying private balconies and the lower unit offering large, bright windows. Pride of ownership is evident throughout this easily managed property. Long term tenants take excellent care of their homes, making this a turnkey investment. Recent updates include a commercial grade coin operated washer and dryer, as well as a newer retaining wall and fence which allows for a convenient and easy place to store the shared garbage bins. Each unit includes one parking space. Situated on a quiet street within walking distance of downtown Elmira, beautiful parks & trails, and the splash pad, this property also offers convenient access to Kitchener-Waterloo and Guelph. A solid, well cared for investment in a desirable location!
Price History
Schools
Elementary
- Riverside Public School0.6 km
Public · Waterloo Region DSB · 450 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- John Mahood Public School1 km
Public · Waterloo Region DSB · 430 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 43% met the provincial standard
- St Teresa of Avila Catholic Elementary School1.5 km
Catholic · Waterloo CDSB · 225 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 47% met the provincial standard
Secondary
- Elmira District Secondary School0.9 km
Public · Waterloo Region DSB · 1305 students
Grade 10 literacy: 86% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3B
- Population
- 13,190
- Private dwellings
- 4,824
- Median age
- 38.4
- Average household size
- 2.7
- Median household income
- $107,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Elmira · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Elmira over the last 12 months.
Location
Mortgage Calculator
$147,980
Estimated Monthly Payment
$3,635
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,635/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $185/mo
Estimates only. Consult a financial advisor.