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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 699,900

Est. payment | -/mo

6 Beds

2 Baths

Save

$ 699,900

Est. payment | -/mo

Save

6 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Elmvale

MLS Listing ID S12978816

Style 2-Storey

Bedrooms 6

Annual Tax Amount $2,564

Tax Year 2026

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement Crawl Space

Kitchen 2

Interior

Interior Features Water Heater Owned

Cooling Other

Fireplaces Number 2

Fireplaces Type Natural Gas

Inclusions 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

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 82.5

Lot Depth 66.0

Total Parking Spaces 3

Building

Foundation Unknown

Others

Senior Community No

ParcelsYN No

Listed by Royal LePage Locations North

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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4 Shaw ST Springwater, ON L0L 1P0