258 Elizabeth Street Sold 3 months ago

Midland, East of King Street, L4R 1Y6

$539,000$000000

Description

Listed by Keller Williams Experience Realty Brokerage.

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.

Dishwasher,Dryer,Refrigerator,Stove,Washer,Window Coverings,2xfridge, 2xstove, 2xdishwasher, 2xwasher, 2xdryer

Location

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  • Address: 258 Elizabeth Street
  • Neighborhood: East of King Street
  • City: Midland
  • State: ON
  • Postal Code: L4R 1Y6

Property Details

  • Property ID: 40576918
  • Property Price: $539,000
  • Style: Single Family Residence, Bungalow
  • Sq/Ft: 1257
  • Rooms: 11+2
  • Bedrooms: 4+0
  • Bath: 3
  • Parking Spaces: 2
  • Year Built: 1942
  • A/C: Central Air
  • Basement: Full, Partially Finished
  • Central Vac.: Y
  • Exterior: Vinyl Siding
  • Heating: Baseboard, Electric, Forced Air
  • Taxes: $3,269.84 (2023)
  • Lot: 100x43.00 (Square Feet)
  • Exposure: North

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Room details and dimensions

Statistics for similar Single Family Residence homes in East of King Street

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Single Family Residence homes in East of King Street

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Single Family Residence homes in East of King Street

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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