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258 ELIZABETH Street
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258 ELIZABETH Street $539,000
$539,000
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258 ELIZABETH Street
Midland, Ontario L4R1Y6

MLS® Number: 40581697
4
Bedrooms
3
Bathrooms
1257
Square Feet

Listing 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. (67414761)

Location Description

William St to Elizabeth St to Lindsay St

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
1
Square Footage
1257 sqft
Subdivision Name
MD01 - East of King Street
Title
Freehold
Land Size
under 1/2 acre
Built in
1942
Annual Property Taxes
$3,269.84
Total Parking Spaces
2
Time on REALTOR.ca
58 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Southern exposure, Paved driveway
Rental Equipment
Water Heater
Total Units
2
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Baseboard heaters, (Electric), Forced air, Heat Pump, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
2

Measurements

Square Footage
1257 sqft
Above Grade Finished
722 sqft
Source: Other
Below Grade Finished
535 sqft
Source: Other
Total Unfinished
207 sqft
Other
752 sqft

Land

Lot Features
Frontage
43 ft
Land Depth
100 ft
Other Property Information
Access
Road access
Zoning Description
RM1
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6
705-791-4837
705-733-2200
REALTOR® Website
Email
Book showing
Keller Williams Experience Realty Brokerage
516 Bryne Drive, Unit I
Barrie, Ontario L4N9P6
705-720-2200
705-733-2200
705-994-3378
705-445-1545
REALTOR® Website
Email
Book showing
Royal LePage Locations North (Collingwood), Brokerage
330 First Street
Collingwood, Ontario L9Y1B4
705-445-5520
705-445-1545
Office Website

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