For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Duplex Side/Side
Listing Status Sold
Purchase Type For Sale
Square Footage 1,702 sqft
Price per Sqft $290
MLS Listing ID 40451591
Sold Date 10/30/23
Bedrooms 4
Abv Grd Liv Area 1,702
Originating Board Grey Bruce Owen Sound
Annual Tax Amount $913
Lot Depth 132.0
Lot Front 33.01
Property Description
Historic charm with the conveniences of a fully renovated modern home. Are you looking for a home that offers multi-generational living? A home with income potential? Work where you live? This C1 zoned property offers you choices as to how you generate an income from this property. You will want to see this 2 unit home in the heart of the thriving village of Markdale. Both units have been completely renovated top to bottom and taken right back to the studs. NEW windows, doors, roof, drywall, electrical, plumbing and heating/cooling systems. All work has been permitted and inspected. Stamped architectural drawings and permits are on file and can be emailed to you. This beautifully renovated (2022) legal duplex has new separately metered electrical services and new high efficiency heating and cooling in each unit. The setup for this house makes it ideal for in-laws or if you are looking for income to offset your mortgage. Unit #1 has a heated mudroom, an open concept kitchen and living room, 3 bedrooms, one 4 piece bathroom and a 2 piece powder room on the main floor. Unit #2 has 1 bedroom, one 3 piece bath, and a combined kitchen/living area. Behind the house is a detached garage and a partially fenced (2021) back yard. Centrally located right in the town of Markdale, this home is only blocks from the trendy shops and eateries, the bank, pharmacy, hospital and still within walking distance of the other amenities such as the parks, arena and library. The in-town location is perfect as you can stroll to work at the hospital or Chapman's Ice Cream and the 77km CP Rail trail is only blocks away. A 10 minute drive to The Beaver Valley Ski Club and The Bruce Trail. This property has it all - desired location and income potential. Both Unit 1 and Unit 2 are tenanted on a month to month basis, Unit 1 generates an income of $2100/month ( heat/hydro paid separately by the tenant) Unit 2 generates an income of $1300/month ( heat/hydro paid separately by the tenant)
Location
Province ON
County Grey
Area Grey Highlands
Zoning C1
Direction Heading north, at intersection of Toronto Street and Main St in Markdale turn left onto Main St. House will be on your left hand side
Rooms
Basement Crawl Space, Unfinished
Kitchen 0
Interior
Interior Features Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
Heating Combo Furnace, Forced Air, Natural Gas
Cooling Ductless, Energy Efficient, Wall Unit(s)
Fireplace No
Appliance Water Heater Owned, Hot Water Tank Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In-Suite, Main Level, Upper Level
Exterior
Parking Features Detached Garage, Mutual/Shared
Garage Spaces 1.0
Roof Type Asphalt Shing
Lot Frontage 33.01
Lot Depth 132.0
Garage Yes
Building
Lot Description Urban, Business Centre, City Lot, Near Golf Course, Hospital, Park, Place of Worship, Playground Nearby, Rec./Community Centre, Schools, Shopping Nearby, Trails
Faces Heading north, at intersection of Toronto Street and Main St in Markdale turn left onto Main St. House will be on your left hand side
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 372350194
Ownership Freehold/None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP