Address
258 ELIZABETH Street, Midland, ON
Price
$ 569,000
Property Attributes
- ID#40581697
- TypeMulti-Family
- CityMidland
- NeighbourhoodMD01 - East of King Street
- Postal CodeL4R 1Y6
- Style
- Price$ 569,000
- Bedrooms4
- Bathrooms3
- Half Bathrooms0
- Sqr Footage1257
Data Source:
Canadian Real Estate Association (CREA)
Property 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. (id:7434)
General Features
| Features | Southern exposure,Paved driveway |
|---|---|
| Community Features | Community Centre |
| Property Type | Multi-family |
| Zoning Description | RM1 |
| Ammenities | Hospital,Marina,Park,Place of Worship,Playground,Public Transit,Schools,Shopping |
| Building Cooling Type | Central air conditioning |
| Location Description | William St to Elizabeth St to Lindsay St |
| Parking Space Total | 2 |
| Building Type | Duplex |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Baseboard heaters,Forced air,Heat Pump |
| Building Heating Fuel | Electric,Natural gas |
| Basement Development | Partially finished |
| Basement Type | Full (Partially finished) |
Exterior Features
| Land Amenities | Hospital,Marina,Park,Place of Worship,Playground,Public Transit,Schools,Shopping |
|---|---|
| Sewer | Municipal sewage system |
| Exterior Finish | Aluminum siding,Brick |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in L4R 1Y6
Price
Visits
Year Built
