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315 Elizabeth Street, Midland, ON, L4R 1Y7

MLS® # 40638765
Investment For Sale In Midland, Ontario
$899,000
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
315 Elizabeth Street, Midland, ON
  • Advertising

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315 Elizabeth Street, Midland, ON, L4R 1Y7
$899,000

Property Information:

Welcome to this exceptional investment opportunity in the heart of Midland. This newly renovated, vacant 4-unit building is ideally situated just minutes away from downtown Midland. Each unit has been updated with modern finishes, including new flooring, fresh paint, updated kitchens and appliances.(New roof 2023) The building features four separate 2-bed/1-bath units, each with its own entrance, providing privacy and comfort for tenants and sufficient parking space for all units. With all units vacant and ready for occupancy, you have the flexibility to set your own rent. Located close to downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools and public transportation. Midland’s thriving community and strategic location make this property a desirable rental option, ensuring steady income and long-term appreciation. Whether you are a seasoned investor or looking to enter the real estate market, this property offers great returns and minimal maintenance.

Inclusions: Other

Building Features:

  • Floor Space: 2135 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1993
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 2135 Square Feet
  • Heating: Baseboard, Electric
  • Laundry Features: None
  • Lot Features: Irregular Lot, City Lot, Near Golf Course, Highway Access, Hospital, Library, Marina, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 50.00 Feet
  • Other Structures: None
  • Parking Features: Exclusive
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Waterfront Features: Lake/Pond
  • Zoning: RM2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: Keller Williams Co-Elevation Realty, Brokerage (Midland)

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 315 Elizabeth Street, Midland, ON, L4R 1Y7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 315 Elizabeth Street , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.7 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 315 Elizabeth Street , experiences 11 significant 2-day storms per year, with about 322.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 411mm of precipitation per year.

Precipitation Per Storm

Past
322.5mm
2050
411mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 315 Elizabeth Street, Midland, ON, L4R 1Y7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,180.28

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.85 %

High school certificate or equivalent

36.97 %

Apprenticeship trade certificate/diploma

6.89 %

College/non-university certificate

25.68 %

University Degree

9.61 %

Commuter

Travel To Work

By Car

86.09 %

By Public Transit

0.0 %

By Walking

11.6 %

By Bicycle

0.14 %

By Other Methods

2.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.13 %

Houses

77.87 %

Own Vs. Rent

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