




This 6-bedroom, 2-bathroom multi-family in Springwater offers 2,500 sqft of living area. 2 storeys. The property has lot dimensions of 82.5 x 66 FT, cross street Queen Street E and Shaw Street. The home features baseboard heaters, not known, not known, electric, natural gas heating, a crawl space basement, a fireplace.
Rare opportunity to own a legal duplex - two fully above-ground units - in the heart of downtown Elmvale. Ideal for investors, multigenerational families, and buyers looking to offset their mortgage with rental income. One owner for 27+ years. Property shows pride of ownership: updated and well-maintained inside and out. Each large, bright unit features a spacious kitchen and living/dining area complete with a cozy gas fireplace. Both units have three bedrooms and one full bathroom with washer/dryer. Primary bedrooms feature a walkout to a private balcony, adding valuable outdoor space.The first-floor unit is wheelchair accessible - including a ramp and wider doorways - making it perfect for retirees, multigenerational living, or anyone with accessibility needs. At $4,400/month, potential market rents show strong cash flow potential. Because each unit is separately metred, tenants pay their own utilities, further increasing the efficiency of this investment. This property has parking for three vehicles (with space for up to five), an outdoor shed, lovingly tended perennial gardens, mature trees, and is next door to a parkette. It is move-in ready. Located in highly walkable and charming downtown Elmvale, this property is close to shops, schools, churches, and other essential amenities.This is a rare and versatile opportunity: whether you're a first-time buyer looking for income support, a retiree wanting one-level living with additional income, or an investor seeking a desirable duplex with two three-bedroom units. Legal duplexes with two above-grade units, separately metred, strong rental income, plus accessibility features and outdoor space are hard to find. Don't miss this one. (id:60351)
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Upper Unit: Fridge, Upright freezer, Stove, Dishwasher, Freezer, Microwave, Washer and Dryer Lower Unit: Fridge, Stove, Washer and Dryer All light fixtures, Bathroom mirrors, garden shed
Listed by KRISTINA TARDIF, Royal LePage Locations North
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Listing represented by KRISTINA TARDIF, Royal LePage Locations North · MLS# S13097736
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.