36
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$699,900
Est. payment /mo
6 Beds
2 Baths
New
4 Shaw ST Springwater, ON L0L 1P0
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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 Type Natural Gas
Fireplace Yes
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 82.5
Lot Depth 66.0
Total Parking Spaces 3
Building
Foundation Unknown
Others
ParcelsYN No
Listed by Royal LePage Locations North
Nearby Locations
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