Midland, ON L4R 1Y6,258 Elizabeth ST
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Midland, ON L4R 1Y6,258 Elizabeth ST
Midland, ON L4R 1Y6,258 Elizabeth ST
Midland, ON L4R 1Y6,258 Elizabeth ST
Midland, ON L4R 1Y6,258 Elizabeth ST

$524,900

Est. payment /mo

$539,000

2.6%
Est.Price: ?

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258 Elizabeth ST Midland, ON L4R 1Y6

4 Beds

3 Baths

SOLD DATE : 10/15/2024

Key Details

Sold Price $524,900

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID S8295958

Sold Date 10/15/24

Style Bungalow

Bedrooms 4

Annual Tax Amount $3,269

Tax Year 2023

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.

Location

State ON

County Simcoe

Community Midland

Area Simcoe

Zoning RM1

Region Midland

City Region Midland

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 2

Interior

Interior Features Central Vacuum, Water Heater Owned

Cooling Central Air

Exterior

Exterior Feature Deck

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 43.0

Lot Depth 100.0

Total Parking Spaces 2

Building

Foundation Concrete, Slab

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Listed by KELLER WILLIAMS EXPERIENCE REALTY
agent

Danielle Pinnock

+1(519) 671-7653

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