45 Wellington Road 124
Erin, ON
- 6 bed
- 3 bath
- approx. 2500-3000 sqft
- Multiplex
- 51 days on market
Invest in your future in the charming & growing community of Erin! Versatile income-generating property features 2 detached houses for a total of 3 separate above-grade apartments! Perfect for a multi-generational family or/ opportunity to supplement your mortgage by living in one unit & earning rental income from the others or/ cash flow from a fully tenanted investment and/or make plans to redevelop later -- lots of possibilities with a water main connection now at the roadside. Enjoy the countryside feel while still being able to walk to shops & nearby trails. A rare opportunity to add a flexible, cash-flowing asset to your portfolio within an hour to GTA= Central location & long-term value with 2 detached houses, 2 natural gas furnaces, 2 separate electrical panels, 2 hydro meters, 2 septic systems, 2 hot water tanks (1 owned, 1 rented), well, UV system, heat pump, parking for 8+ cars on paved driveway. Fully rented! Reach out for financials. Each apartment has it's own entrance, 2 bedrooms and 1 bathroom, kitchen, bright living room, outdoor patio area & 2 car parking for each. Bonus: Detached bungalow has it's own separate hydro meter, electrical panel, natural gas furnace, hot water tank, & laundry. Granite countertops & large breakfast bar complimented w/ barn board in the kitchen w/ S/steel stove 2024, fridge & microrange'18. Plus, huge unfinished basement too! Bungalow Roof + Gas BBQ line'17. UV system'18. Carpet free Bungalow - Bedroom 2 Flooring'18. There's more... Separate Detached 2 storey Duplex w/ 2 separate apartments. Heat pump 2024. Luxury Vinyl flooring upper bedrooms'25. Flooring in main floor living & bedrms'21, Laundry Rm Exterior Door & flooring'20. Chimney swept'25. Zoning R1-105 "Existing Single Detached Dwelling And A Duplex Dwelling On One Lot. 48 hrs needed for showings pls. This property offers excellent future potential as the area expands with it's surrounding prestigious estate properties + extra lot 711510447 included!
Listing Details
- Taxes (2026)
- $4,929
- Originally Listed
- $924,111
- Listed
- July 29, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Hardboard, Stone
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Accessory Apartment, Separate Hydro Meter, Water Treatment
- Lot Size
- 110 x 183 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Water
- Bored Well
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Delarmbro Drive/Main Street
- Parcel Number
- 711510447
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- AS IS: Front load washer & dryer, washer & dryer, 3 stoves, 3 fridges, 1 microrange, Gas BBQ at bungalow, Snow Blower, Hot water tank-owned in 2 storey, HWT rented in bungalow
- Rental Items
- hot water tank
Schools
Elementary
- Erin Public School1.6 km
Public · Upper Grand DSB · 315 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 32% met the provincial standard
- Brisbane Public School1.9 km
Public · Upper Grand DSB · 395 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 90% met the provincial standard
- Belfountain Public School4.6 km
Public · Peel DSB · 190 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 62% met the provincial standard
Secondary
- Erin District High School2 km
Public · Upper Grand DSB · 530 students
Grade 10 literacy: 97% 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 N0B
- Population
- 86,919
- Private dwellings
- 31,269
- Median age
- 42.8
- Average household size
- 2.9
- Median household income
- $120,000
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
Residential Freehold in Erin · last 12 months
- Median sold price
- $941,500
- Homes sold
- 172
- Median days on market
- 37
- Sale-to-list price
- 95.7%
Based on 172 recorded sales of residential freehold properties in Erin over the last 12 months.
Listed by
REAL BROKER ONTARIO LTD.
Walk Score
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Location
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Mortgage Calculator
$177,622
Estimated Monthly Payment
$4,363
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,363/mo (20% down, 5.5%)
Taxes: $411/mo · Insurance: $222/mo
Estimates only. Consult a financial advisor.
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