258 Elizabeth Street Midland, Ontario L4R 1Y6
$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:55566)
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
Interested?
Contact us for more information
Ian Hocking
Broker
(705) 733-2200
www.hockinghomes.com/
www.facebook.com/HockingHomesRealty
www.linkedin.com/profile/view
twitter.com/hockinghomes
instagram.com/hockinghomes
516 Bryne Drive, Unit I
Barrie, Ontario L4N 9P6
(705) 720-2200
(705) 733-2200
Kelly Caldwell
Salesperson
(705) 445-1545
caldwellrealestategroup.com/
www.facebook.com/caldwellrealestategroup
https://www.instagram.com/georgianbay_realtor_kelly/
330 First Street - Unit B
Collingwood, Ontario L9Y 1B4
(705) 445-5520
www.locationsnorth.com
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July 23 2024 02:11:17
Barrie & District Association of REALTORS® Inc.
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