All photos · 54

Elmvale

87 Queen Street W, Springwater, ON L0L 1P0

$749,900

Beds

3

Baths

3

Type

Freehold

About this home

Welcome to this beautifully updated legal duplex in the charming village of Elmvale - an incredible opportunity for investors, multi-generational families, or buyers looking to offset mortgage costs with rental income.Thoughtfully renovated throughout, this property offers two spacious and unique living spaces, each designed for comfort, functionality, and modern living.The extensively renovated upper unit features a bright and airy open-concept layout with elevated ceilings and a stunning loft overlook from the finished attic space. Currently used as a home office, the attic offers the potential for an additional bedroom or creative retreat. The large vaulted-ceiling primary bedroom includes a private walkout deck to enjoy your morning coffee or read a book! The spa-inspired 4-piece bathroom, spacious IKEA kitchen, walk-in closet with laundry, smart lighting, updated electrical panel, and complete rewiring make this an ideal space for a professional couple seeking style and comfortThe lower unit offers exceptional flexibility with 2 bedrooms plus the possibility of a third bedroom or office space. Featuring 2 recently renovated bathrooms, elevated ceilings, a spacious living room, renovated kitchen, dining area, rear mudroom with laundry, and a large entertainment deck, this unit is perfectly suited for families or extended family living.Outside, both units enjoy a simple landscaped fenced yard complete with two storage outbuildings and a charming flagstone firepit area perfect for evening bonfires and entertaining.Major updates include:New furnace New hot water tank New roof New eavestroughs Updated electrical panels (100 amp upper / 200 amp lower) Two hydro meters and one water meterLocated within walking distance to Elmvale's shops, restaurants, schools, and everyday amenities, this property also offers excellent commuting convenience.

Interior

  • · Accessory Apartment
  • · Primary Bedroom - Main Floor

Heating

  • · Forced Air

Cooling

  • · None

Parking

  • · Private Double

Basement

  • · Crawl Space

Room by room

Kitchen

Main17'0" × 13'0"

Family Room

Main15'0" × 10'0"

Dining Room

Main11'0" × 11'0"

Great Room

Main17'0" × 17'0"

Bedroom

Main14'0" × 8'0"

Bedroom 2

Main15'4" × 10'0"

Kitchen

Second18'4" × 10'0"

Living Room

Second14'0" × 18'4"

Bedroom

Second16'8" × 10'0"

What it could cost monthly

Estimated monthly

$3,434

Principal & interest, per month


Mortgage amount
$599,920
Down payment
$149,980
Total interest paid
$430,299

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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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

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

Listing brokerage

RE/MAX By The Bay Brokerage

Each office independently owned and operated.