520 elizabeth street, midland

520 elizabeth street


$1,249,500 - 4   3

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 fully 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, 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. (id:38782)

Listing ID: 40498205


  • Amenities NearbyPark, Public Transit, Shopping
  • Community FeaturesCommunity Centre
  • OwnershipFreehold
  • Parking Spaces2
  • TransactionFor sale
  • Zoning DescriptionDC-F2


  • Bathrooms(Half)1
  • Cooling TypeNone
  • CoolingYes
  • HeatingHot water radiator heat
  • Heating FuelNatural gas
  • Levels1.5
  • PoolNo
  • SewerMunicipal sewage system
  • Stories1.5


  • Size Frontage53 ft
  • AmenitiesPark, Public Transit, Shopping
  • SewerMunicipal sewage system
  • Size Depth97 ft
Level Type Dimensions
Second levelBedroom16'6'' x 10'0''
Second levelBedroom13'0'' x 7'11''
Second level4pc BathroomMeasurements not available
Second levelLiving room17'0'' x 12'9''
Second levelKitchen14'3'' x 10'0''
Main levelUtility room13'2'' x 12'0''
Main level2pc BathroomMeasurements not available
Main levelLaundry room25'9'' x 13'2''
Main levelSunroom19'5'' x 5'6''
Main level4pc BathroomMeasurements not available
Main levelBedroom13'4'' x 10'6''
Main levelBedroom12'0'' x 11'9''
Main levelEat in kitchen19'6'' x 10'4''
Main levelLiving room15'8'' x 11'8''