Investment opportunity! Zoned C1- and currently operating as a duplex residential investment and fully tenanted. Completely renovated in 2022 with windows, roof and interior, this legal duplex has separately metered electrical services and high efficiency heating and cooling in each unit. Unit #1 offers and open concept kitchen and living space, 3 bedrooms, 2 bathrooms and a heated mudroom. Unit #2 offers 1 bedroom, 1 bathroom, and a combined kitchen/living area. This property has a detached garage and a partially fenced 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. 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 and income of $2152/month and Unit 2 generates an income of $1486.25/month.
Address
83 Main Street W
List Price
$575,000
MLS® Status
New
Expiration Date
2026-01-30
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Grey Highlands
Region
Grey County
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
7
Bathrooms
3
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
132
Lot Size Units
Feet
Lot Width
33
Parcel Number
372350194
Occupant Type
Tenant
Cross Street
Main St & Hwy 10
Approx. Age
100+ Years
MLS® Number
X12512188
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Basement Area
Unfinished
Postal Code
N0C 1H0
Posession Details
Immediate
Parking
Mutual
Parking Places (Total)
3
Parking Spaces
2
Tax Amount
$3,357.87
Tax Year
2025
Site Influences
Deck, Golf, Hospital, Porch Enclosed, School, School Bus Route
Exterior Features
Deck, Porch Enclosed
Interior Features
Carpet Free, Separate Hydro Meter
Property Features
Golf, Hospital, School, School Bus Route
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Stone
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
NE1/2 LT BLK K PL 582 MARKDALE S/T & T/W GS109212; GREY HIGHLANDS
Waterfront
No
Sewer
Sewer