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
Community Features
Community Centre
Equipment
Water Heater
Features
Southern exposure, 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
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
RM1
Building
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1942
Cooling Type
Central air conditioning
Exterior Finish
Aluminum siding, Brick
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Forced air, Heat Pump
Stories Total
1
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
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