Property Details

520 ELIZABETH Street, Midland, Ontario, L4R2A1

520 ELIZABETH Street, Midland, Ontario, L4R2A1 (ID 40501626)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$1,249,500 - For sale

ID#:40501626

Just imagine having a home with 3 streams of income !!! This property offers two residential units, both vacant and available to rent, providing the perfect scenario for an owner-occupant who wants to live in one unit and generate income by renting out the other. Situated in a shifting market with increasing interest rates, this property offers the chance to affordably invest in real estate. The two residential units have been renovated and are ready for occupancy. With no current tenants to assume, the new owner has the freedom to set their own rental rates and carefully select their own tenants. But that's not all! This property also includes an additional business opportunity - a fully operational and approved laundry boutique. Coming with top-of-the-line machines all new in 2023, this turnkey business is seamlessly integrated into the property and serves as an additional source of income for the owner. Don't miss out on this rare real estate opportunity!! Take advantage of the high demand for rental units in this sought-after area and make a smart investment in an ever-evolving market. VTB available on approved credit. (id:2471)

Location DescriptionKing to Elizabeth (Between First and King Streets)

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Property Details
  • Property Address:520 ELIZABETH Street, Midland, Ontario, L4R2A1
  • Property Type:Office
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Detached Garage
  • Parking Space Total:2
Structure Details for 520 ELIZABETH Street, Midland, Ontario, L4R2A1
  • Storeys:2
  • Basement Type:Full
  • Foundation Type:Stone
  • Exterior Type:Brick, Vinyl siding
Amenities for 520 ELIZABETH Street, Midland, Ontario, L4R2A1 High Traffic Area
  • Amenities Nearby:Public Transit
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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Listing Offices: Revel Realty Inc., Brokerage (Unit A), Revel Realty Inc., Brokerage (Tiny)

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520 ELIZABETH Street, Midland, Ontario, L4R2A1

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