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258 Elizabeth Street Midland, Ontario L4R 1Y6

4 Bedroom 3 Bathroom 1257 sqft
Central Air Conditioning Baseboard Heaters, Forced Air, Heat Pump

$539,000

This could be your opportunity to enter the real estate investment world with this legal two unit home. This property is unique in that the second suite is actually a detached garden suite with the utilities for both units been separate. The only utility the Landlord pays is the water. Also, with two completely separate dwellings on one lot, there is no noise transferred between units, helping to keep the Tenants happy. The property is presently fully occupied by two respectable Tenants who are paying on time and would like to stay, truly a 'turn-key' investment property. The detached garage was converted into a garden suite in 2019, and it has up-to-date colours and finishings with an electric heat pump for heating and cooling and additional electric baseboards for heating. The original house contains a main floor living room, kitchen, 2 generous bedrooms and a bathroom with an additional shower and rec room in the basement. This property would also make a perfect starter home, live in one unit and rent the other. Located in a quiet Midland neighbourhood close to the lake and downtown amenities. (id:51004)

Property Details

MLS® Number 40581697
Property Type Multi-family
Amenities Near By Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre
Equipment Type Water Heater
Features Southern Exposure, Paved Driveway
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1942
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air, Heat Pump
Stories Total 1
Size Interior 1257 Sqft
Type Duplex
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 43 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rm1

https://www.realtor.ca/real-estate/26833064/258-elizabeth-street-midland


Keller Williams Experience Realty Brokerage
516 Bryne Drive, Unit I
Barrie, Ontario L4N 9P6

(705) 720-2200
(705) 733-2200

Royal LePage Locations North (Collingwood Unit B) Brokerage
330 First Street - Unit B
Collingwood, Ontario L9Y 1B4

(705) 445-5520
www.locationsnorth.com

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9 Main St E, Markdale ON, N0C 1H0

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