All photos · 31

Elmvale

4 Shaw Street, Springwater, ON L0L 1P0

$649,900

Beds

6

Baths

2

Type

Freehold

About this home

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.

Interior

  • · Water Heater Owned

Heating

  • · Baseboard

Cooling

  • · Other

Basement

  • · Crawl Space

Room by room

Living Room

Main11'9" × 18'5"

Kitchen

Main14'2" × 14'1"

Dining Room

Main10'8" × 6'3"

Primary Bedroom

Main12'6" × 14'1"

Bedroom

Main8'9" × 11'1"

Bedroom

Main9'8" × 11'1"

Kitchen

Second10'0" × 14'3"

Living Room

Second12'0" × 16'8"

Dining Room

Second12'1" × 12'9"

Primary Bedroom

Second10'9" × 14'5"

Bedroom

Second8'8" × 11'1"

Bedroom

Second9'11" × 11'1"

What it could cost monthly

Estimated monthly

$2,976

Principal & interest, per month


Mortgage amount
$519,920
Down payment
$129,980
Total interest paid
$372,919

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

Royal LePage Locations North

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