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Key Details
Sold Price $524,900
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 722 sqft
Price per Sqft $727
MLS Listing ID 40576918
Style Bungalow
Bedrooms 4
Full Baths 3
Year Built 1942
Annual Tax Amount $3,269
Property Description
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.
Location
Province ON
County Simcoe County
Area Md - Midland
Zoning RM1
Rooms
Kitchen 2
Interior
Heating Baseboard, Electric, Forced Air
Cooling Central Air
Laundry In-Suite
Exterior
Garage Asphalt
Utilities Available Cell Service, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Waterfront No
Roof Type Shingle
Building
Lot Description Urban, Rectangular, Arts Centre, Business Centre, Corner Lot, City Lot, Hospital, Library, Major Highway, Marina, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools, Shopping Nearby, Skiing, Trails
Foundation Concrete Perimeter, Slab
Sewer Sewer (Municipal)
Water Municipal-Metered
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Sacred Heart Catholic School | Mundy'S Bay Ps
High Schools St. Theresa'S Catholic Hs | Georgian Bay Dhs
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