258 Elizabeth Street

Midland, ON

MLS® 40581697

For sale
$569,000

Bedrooms
4
Bathrooms
3
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.
Property Details
Parking Total
2
Property Type
Residential
Rental Equipment Type
Hot Water Heater
Community Features
Rectangular
Business Centre
City Lot
Hospital
Library
Marina
Park
Place of Worship
Playground Nearby
Public Transit
Rec./Community Centre
Schools
Shopping Nearby
Building
Appliances
Dishwasher
Dryer
Refrigerator
Stove
Washer
Basement Type
Full
Partially Finished
Bathrooms
3
Bedrooms
4
Building Type
Duplex Side/Side
Cooling
Central Air
Construction Materials
Aluminum Siding
Security Features
Carbon Monoxide Detector(s)
Heating
Baseboard
Electric
Forced Air
Natural Gas
Heat Pump
Roof
Asphalt Shing
Sewer
Sewer (Municipal)
Stories
1
Water Source
Municipal
Building Amenities
Separate Heating Controls
Separate Hydro Meters
Land
Lot Depth
100 ft
Lot Front
43.00 ft
Lot Size Area
4305.56
Acres
< 0.5 Acres
Zoning
RM1
HoodQ
Walk Score
Keller Williams Experience Realty Brokerage
Royal LePage Locations North (Collingwood), Brokerage

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Listing ID: 149405853
Last Updated: 2024-05-12 18:46:54