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Listed 2 months ago

449 Elizabeth Street

Midland, Midland

$649,000

Detached|2 1/2 Storey
3 | 3 | 6
About this home

WOW, this property checks a lot of boxes! If you're looking for a family home in a convenient location with great walkability to downtown and Little Lake Park, this spacious 2.5-storey redbrick has it. If you're looking to work from home and want a shop with an adjacent bonus space, a 3-piece bathroom and furnace that could be used as an office, among other things, it has that too! The downtown commercial zone allows for many uses in addition to its current residential dwelling, such as accessory dwelling units, child care centre, financial institution, medical or personal care practitioner, and many other business options. There is a beautifully landscaped backyard with several seating areas. Even a 'secret garden' terrace beside the shop. Many improvements have been completed since 2020: shingles, furnace, driveway, electrical, plumbing, front and back exterior doors, most windows, workshop bonus space reno, loft reno, central air motor, soffits and fascia, eaves troughs, all bathrooms. Here you also have an enclosed porch at the front, 3 or 4 bedrooms depending on how you wish to use the finished third floor, and 2.5 bathrooms in this lovely home situated in an established neighbourhood close to schools and all the other amenities our wonderful shoreline community has to offer you, including Georgian Bay. Be within walking distance to the waterfront, our lovely shops, restaurants, and Little Lake for outdoor fun throughout the seasons. Commuting distance to Barrie, Wasaga Beach, Orillia, and 90 minutes to the Toronto area. Overall square footage is based on exterior dimensions. The buyer is solely responsible for making their own inquiries to determine that the property is suitable for their purposes. This is the perfect opportunity for couples, families and/or those with entrepreneurial aspirations. Schedule your visit today!

Extras

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,797
Lot Size50 ft x 130.72 ft
mls© NumberS13731214
Listed ByRE/MAX Georgian Bay Realty Ltd

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,322
Property tax
$316
Heat allowance
$150
Housing costs
$3,788 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,800
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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