PRICE ADJUSTMENT~ Looking for a great Investment opportunity? Look no further, this is the one! Cherish the charming small town vibe in this rare and idyllic property just steps from Historic Downtown Markdale. This recently renovated townhome consists of two large individual apartments generating an expected combined income of approximately $3700 per month with tenants paying for Gas and Hydro. Both apartments have individual separate entrances and both units include washers and dryers. The larger of the two apartments has 3 bedrooms on the upper level with a great kitchen and large living area on the main floor. The main floor also provides each apartment with its own direct access to their own private fenced backyard from the main level. The second apartment is a vacant two bedroom unit with both bedrooms and laundry on the upper level and large kitchen and family room on the main floor. Parking for tenants and guests is a complete breeze with a newly paved driveway with room for 6 vehicles. Recent additions to this income property include a new lifetime metal roof, lots of interior improvements including drywall, paint, mechanicals and fixtures. The property boasts two newer high efficiency furnaces and two new owned hot water tanks allowing for ample tenant needs while making utility consumption calculations simple to understand and bill accordingly. Located within walking distance, residents enjoy easy access to the grocery store, LCBO, Tim Hortons, and local churches and shops. The rental market continues to be very strong in Markdale and this great income property wont last long. Book a showing today! (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
2
Lot
53 x 158 ft
Amenities Nearby
Place of Worship, Playground, Schools
Community Features
Quiet Area, School Bus
Features
Paved driveway
Listing Contract Date
2024-05-31
Location Description
Heading into Markdale turn left (East) on Hwy 10 (Toronto St.) and head East until Victoria Ave. Turn right on Victoria and then immediately again on Eliza Street.
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Single Family
Transaction Type
For sale
Zoning Description
RM
Building
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Water meter, Washer
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Construction Material
Concrete block, Concrete Walls
Construction Style (Attachment)
Attached
Cooling Type
None
Exterior Finish
Brick, Concrete
Fire Protection
Smoke Detectors
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Type
Row / Townhouse
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
14'9'' x 12'3''
Bedroom
Second level
10'7'' x 7'11''
3pc Bathroom
Second level
8'7'' x 6'1''
Other
Second level
9'7'' x 9'9''
Primary Bedroom
Second level
15'5'' x 10'5''
Bedroom
Second level
10'7'' x 13'4''
Laundry room
Second level
9'9'' x 4'7''
3pc Bathroom
Second level
10'4'' x 4'8''
Other
Second level
Measurements not available
Bedroom
Second level
11'3'' x 9'7''
Foyer
Main level
12'7'' x 7'6''
Family room
Main level
16'2'' x 12'8''
Kitchen
Main level
14'6'' x 13'11''
Porch
Main level
11'11'' x 4'1''
Bonus Room
Main level
14'5'' x 5'5''
Foyer
Main level
6'7'' x 14'4''
Eat in kitchen
Main level
11'6'' x 16'2''
Living room
Main level
17'7'' x 18'5''
Land
Total Size
0.158 acres
Amenities
Place of Worship, Playground, Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.158
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