$539,000
 $2,893 est/mo Sourced by Back At You

258 Elizabeth Street , Midland, ON L4R 1Y6

Midland, ON L4R 1Y6

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Description

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.

Details

MLS#40581697
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive Under Contract
Year1942
Days On Site84
Listing Provided ByKeller Williams Experience Realty Brokerage | Ian Hocking

Features

Bed(s)4
Bath(s)3
SQ Feet722
BasementY
Story(s)1
Units2
ZoningRM1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionSimcoe County
CityMidland
Postal CodeL4R 1Y6
AreaMD Midland
SubareaMD01 East of King Street
Community NameMD01 East of King Street
School DistrictSt. Theresa's Catholic Hs | Geor
Elementary SchoolSacred Heart Catholic School | M
Listing VS Median (in MD01 East of King Street)
Price:
$539,000
low | high
Med:
$599,000
38.86827458256% of Average
SqFt:
722
low | high
Med:
1,136
7.340720221607% of Average
$ / SqFt:
$747
low | high
Med:
$527
79.354730799246% of Average
On Site:
84
low | high
Med:
39.5
100% of Average
Sourced by Back At You
Listing Updated: July 22, 2024 at 10:11:32 PM PDT