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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:43390)

Property Details

MLS® Number 40581697
Property Type Multi-family
AmenitiesNearBy Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures Community Centre
EquipmentType Water Heater
Features Southern Exposure, Paved Driveway
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsTotal 4
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1942
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding, Brick
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Forced Air, Heat Pump
StoriesTotal 1
SizeInterior 1257 Sqft
Type Duplex
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 100 Ft
SizeFrontage 43 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rm1

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

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Ian Hocking
Broker


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

Kelly Caldwell
Salesperson


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

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