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. (id:47421)
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Listed By
Keller Williams Experience Realty Brokerage, Royal LePage Locations North (Collingwood), Brokerage
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Detailed Information
Bedrooms
4
Bathrooms
3
Lot
43 x 100 ft
Amenities Nearby
Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping, Ski area
Communication Type
High Speed Internet
Community Features
Community Centre
Equipment
Water Heater
Features
Corner Site, Paved driveway
Listing Contract Date
2024-05-01
Location Description
William St to Elizabeth St to Lindsay St
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Single Family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
RM1
Building
Appliances
Central Vacuum, Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Architectural Style
Bungalow
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1942
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick, Vinyl siding
Heating Fuel
Electric
Heating Type
Baseboard heaters, Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Recreation room
Lower level
17'7'' x 16'7''
3pc Bathroom
Lower level
9'11'' x 8'9''
Primary Bedroom
Main level
9'8'' x 11'9''
Dining room
Main level
8'0'' x 7'3''
Kitchen
Main level
7'8'' x 6'2''
3pc Bathroom
Main level
7'8'' x 5'4''
Bedroom
Main level
11'7'' x 8'4''
Living room
Main level
19'1'' x 15'9''
3pc Bathroom
Main level
7'4'' x 6'0''
Living room
Main level
15'1'' x 10'1''
Eat in kitchen
Main level
15'0'' x 9'7''
Bedroom
Main level
9'6'' x 9'4''
Primary Bedroom
Main level
15'2'' x 10'8''
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Highway Nearby
Amenities
Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping, Ski area
Sewer
Municipal sewage system
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