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258 Elizabeth Street

Midland, ON L4R 1Y6
  • $569,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 40576918
$569,000
  • 4
    BEDS
  • < 0.5
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,257
    SQFT
  • $453
    $/SQFT
Type:
Single-Family Home
Built:
1942
County:
Area:

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.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-05-25T00:22:54.747.
www.initiaontario.com/homes/150109517
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258 Elizabeth Street Midland, ON L4R 1Y6

  • Price: $569,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 40576918
4
Beds
3
Baths
0
½ Baths
< 0.5
Acres
1,257
SQFT
$453
$/SQFT
1942
Built
Neighbourhood:
Md01 - East Of King Street
County:
Simcoe County
Area:
Md - Midland
Elementary School:
Sacred Heart Catholic School | Mundy's Bay Ps
High School:
St. Theresa's Catholic Hs | Georgian Bay Dhs
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.
Exterior Features

Acres Range < 0.5 Architectural Style Bungalow Attached Garage YN No Attached YN No Carport YN No Construction Materials Vinyl Siding Crops Included YN No Docking YN No Driveway Parking Private Drive Double Wide Foundation Details Concrete PerimeterSlab Frontage Length 43.00 Frontage Type North Garage YN No Is Land YN No Lot Features UrbanRectangularArts CentreBusiness CentreCorner LotCity LotHospitalLibraryMajor HighwayMarinaParkPlace of WorshipPlayground NearbyPublic TransitRec./Community CentreSchoolsShopping NearbySkiingTrails Lot Size Area 4305.56 Open Parking Spaces 2 Open Parking YN Yes Parking Features Asphalt Parking Total 2 Patio And Porch Features Deck Property Attached Detached Road Frontage Type Year Round Road Roof Shingle Topography Level Waterfront YN No Window Features Window Coverings

Interior Features

Above Grade Finished Area 722 Appliances Water Heater OwnedDishwasherDryerRefrigeratorStoveWasher Basement FullPartially Finished Bathrooms Total 3 Beds Above Grade 4 Beds Below Grade 0 Below Grade Finished Area 535 Cooling Central Air Cooling YN No Fireplace YN No Heating BaseboardElectricForced Air Heating YN Yes Interior Features High Speed InternetCentral Vacuum Kitchens Total 2 Main Level Bedrooms 4 Room Count 13 Sq Ft Approx Unfinished Total 207

Property Features

Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street Elizabeth St & Lindsay St Electric On Property YN Yes Exclusions Tenants Personal Belongings Inclusions DishwasherDryerRefrigeratorStoveWasherWindow Coverings2xfridge2xstove2xdishwasher2xwasher2xdryer Laundry Features In-Suite Licensed Dwelling YN No Lot Depth 100 New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Under Contract Hot Water Heater Utilities Cell ServiceElectricity ConnectedGarbage/Sanitary CollectionNatural Gas ConnectedRecycling PickupStreet LightsPhone Connected Water Meter YN Yes Water Source Municipal-Metered Winterized Fully Winterized Zoning RM1

Listing information © 2024 Information Technology Systems Ontario.
Listing provided courtesy of Ian Hocking of Keller Williams Experience Realty Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-05-25T00:22:54.747.
 
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