$739,900

Investment For Sale In Springwater (Elmvale), Ontario

$739,900

Property Information:

Welcome to this beautifully updated legal duplex in the charming village of Elmvale - NEW Ductless A/C just installed! An incredible opportunity for investors, multi-generational families, or buyers looking to offset mortgage costs with rental income.Thoughtfully renovated throughout, this property offers two spacious and unique living spaces, each designed for comfort, functionality, and modern living.The extensively renovated upper unit features a bright and airy open-concept layout with elevated ceilings and a stunning loft overlook from the finished attic space. Currently used as a home office, the attic offers the potential for an additional bedroom or creative retreat. The large vaulted-ceiling primary bedroom includes a private walkout deck to enjoy your morning coffee or read a book! The spa-inspired 4-piece bathroom, spacious IKEA kitchen, walk-in closet with laundry, smart lighting, updated electrical panel, and complete rewiring make this an ideal space for a professional couple seeking style and comfortThe lower unit offers exceptional flexibility with 2 bedrooms plus the possibility of a third bedroom or office space. Featuring 2 recently renovated bathrooms, elevated ceilings, a spacious living room, renovated kitchen, dining area, rear mudroom with laundry, and a large entertainment deck, this unit is perfectly suited for families or extended family living.Outside, both units enjoy a simple landscaped fenced yard complete with two storage outbuildings and a charming flagstone firepit area perfect for evening bonfires and entertaining.Major updates include:New furnace New hot water tank New roof New eavestroughs Updated electrical panels (100 amp upper / 200 amp lower) Two hydro meters and one water meterLocated within walking distance to Elmvale's shops, restaurants, schools, and everyday amenities, this property also offers excellent commuting convenience. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Air Conditioning: Yes
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Dryer, Two stoves, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 3
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 167.5 Feet
  • Lot Frontage: 45 Feet
  • Lot Size: 45 x 167.5 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen 2nd Level 5.58 m x 3.04 m
  • Living 2nd Level 4.26 m x 5.58 m
  • Bedroom 2nd Level 5.08 m x 3.04 m
  • Kitchen Main Level 5.18 m x 3.96 m
  • Family Main Level 4.57 m x 3.04 m
  • Dining Main Level 3.35 m x 3.35 m
  • Great Room Main Level 5.18 m x 5.18 m
  • Bedroom Main Level 4.26 m x 2.43 m
  • 2nd Bedroom Main Level 4.67 m x 3.04 m

Courtesy of: RE/MAX By The Bay Brokerage

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.