Springwater, Elmvale, L0L 1P0
$649,900
Listed by RE/MAX HALLMARK CHAY REALTY.
Here is your chance to own this great century home with incredible investment potential! Located in the heart of beautiful Elmvale, only steps from all of the great amenities Downtown Elmvale has to offer! The perfect layout for positive cash-flow rental potential, starting with the main & upper floors offering 3 great sized bedrooms, a large eat-in kitchen, a formal living room with large, bright windows, as well as a 4pc bath and main floor laundry. This unit also offers a private front porch and plenty of storage space with 2 walk-in closets and plenty of storage in the laundry room. This space is made even better with the added bonus of a completely separate in-law suite with a private deck entering you into the open living room and wet-bar area, it also offers a large bedroom and full 3pc bath. The lower level has a private entrance at the back of the property taking you downstairs to a bachelor style space with a large, bright kitchen with above grade window, and extra large bedroom/living area as well as a 4pc bath. This property is a a fantastic investment in one of Simcoe County's most desirable up-and-coming towns! Some of the recent updates include: Furnace 2022; HWT 2022.
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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.
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.
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