520 Elizabeth Street

520 Elizabeth Street
520 Elizabeth Street
520 Elizabeth Street
+28
4
 bed
3
 bath
2
 parking
2163 - 2163
 sqft
Loading
Loading
$999,500
Click to open the pre-gallery to get the direction
Size
-
Lot size
473.43 sqm
Street frontage
N
Possession
-
Price per sqm
$4,973
Taxes
$7,013.91 (2023)
Parking Type
Detached Garage
Style
1.5 Storey
See what's nearby
Description
TURN KEY INCOME PROPERTY IN THE HEART OF MIDLAND. A prime investment opportunity in vibrant downtown Midland. This unique property boasts 2 spacious, turnkey 2-bedroom apartments, a detached garage, & commercial space, designed to maximize your income potential while offering an exceptional lifestyle. TWO SPACIOUS 2-BEDROOM APARTMENTS: Each apartment features a well-laid-out design with separate entrances, ensuring privacy and convenience for tenants. Both units are fully rented on month-to-month leases, offering immediate rental income: DETACHED GARAGE: Additional rental income potential with a fully rented detached garage: COMMERCIAL SPACE: The commercial space is currently leased to the successful Laundry Boutique called Downtown Laundry. You can purchase the building and land and lease to the existing business or buy the Laundry Boutique business separately for an added income stream. LOCATION, LOCATION, LOCATION: PRIME DOWNTOWN LOCATION: Situated in the heart of downtown Midland, this property is within walking distance to charming shops, delightful restaurants, the town dock, and waterfront trails perfect for biking, walking, and rollerblading. QUAINT AND SCENIC: Enjoy the quaint ambiance of Midland, set on the picturesque shores of Georgian Bay. The area offers a perfect blend of small-town charm and modern conveniences: INVESTMENT POTENTIAL: HIGH DEMAND RENTAL AREA: Midland's downtown area is a sought-after location, ensuring high demand for rental properties: FLEXIBLE PURCHASE OPTIONS: Whether you choose to lease the commercial space to the current owner or purchase the thriving Laundry Boutique business, the income potential is substantial. Don't miss this exceptional opportunity to invest in a thriving community with a strong rental market and a vibrant downtown lifestyle. For more details and a financial breakdown, contact us today. Explore the possibilities of owning a successful business or enjoying a steady rental income in beautiful Midland.
Broker: Revel Realty Inc., Brokerage (Tiny)
MLS®#: 40593190
Property details
Parking:
2
Parking type:
Detached Garage
Property type:
Detached
Heating type:
Natural Ga
Style:
1.5 Storey
MLS Size:
201 sqm
Lot front:
15.85 M
Lot depth:
29.26 M
Listed on:
May 21, 2024
Show all details
Rooms
LevelNameSizeFeatures
Flat
Living Room
Unknown
Flat
Eat-in Kitchen
Unknown
Flat
Bedroom
Unknown
Flat
Bedroom
Unknown
Flat
Bathroom
Unknown
Flat
Sunroom
Unknown
Flat
Kitchen
Unknown
Flat
Living Room
Unknown
Flat
Bathroom
Unknown
Flat
Bedroom
Unknown
Flat
Bedroom
Unknown
Flat
Laundry
Unknown
Flat
Bathroom
Unknown
Flat
Utility Room
Unknown
600 Hugel Avenue
Create an account
$999,999
Sign up
 or 
Log in
  to view
682 Dominion Avenue
Create an account
$999,999
Sign up
 or 
Log in
  to view
405 Russ Howard Drive
Create an account
$999,999
Sign up
 or 
Log in
  to view
1 Riverwalk Place
Create an account
$999,999
Sign up
 or 
Log in
  to view
Magda Smith
Broker
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40593190
Listed by Revel Realty Inc., Brokerage (Tiny)

About 520 Elizabeth Street

Located at 520 Elizabeth Street, this Midland detached house is available for sale. It has been listed at $999500 since May 2024. This 2163-2163 Squa detached house has 4 beds and 3 bathrooms.

For those that love cooking, No Frills is only a 23 minute walk.

Getting around the area will require a vehicle, as there are no nearby transit stops.

© 2024 Information Technology Systems Ontario, Inc.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.