12 SHAW Street

Introducing an exceptional investment opportunity: a Multi-Family Home for sale in Springwater , located at 12 Shaw Street, Springwater. This impressive multiplex is perfectly situated in the vibrant community of Elmvale, within the Simcoe area, and boasts a remarkable configuration that is sure to attract discerning investors.

This well-maintained, two-storey building features a total of 25 rooms, comprising 13 spacious bedrooms and 6 bathrooms, making it an ideal choice for those looking to invest in a property with substantial rental potential. The layout includes 2 x 3-bedroom units, 3 x 2-bedroom units, and 1 x 1-bedroom unit, all of which are currently rented. This means that as an investor, you can step into a property that is already generating income, a rare find in today’s market. The Multi-Family Home for sale in Springwater is not only a sound financial decision but also a testament to the strong rental demand in the area.

The exterior of the property features a combination of concrete block and stucco (plaster), providing durability and a modern aesthetic. While the building does not include a garage, it offers a private driveway with parking space for up to 8 vehicles, ensuring that tenants have ample parking options. This is a significant advantage, particularly in a community where parking can often be a concern.

Although the property does not feature a pool or a fireplace, it compensates with practical amenities such as on-site laundry facilities, which are highly desirable for tenants. Additionally, the absence of central air conditioning is mitigated by the building's effective baseboard heating system, ensuring comfort throughout the year. The property is unfurnished, allowing new owners the flexibility to personalise the space according to their vision.

The Multi-Family Home for sale in Springwater is connected to municipal water and sewer systems, providing peace of mind regarding essential services. While there is no central vacuum system or family room, the property's layout and the number of bedrooms more than compensate for these omissions, creating a comfortable living environment for all tenants.

One of the standout features of this property is its potential for future income growth. With the possibility of rent increases and tenant turnover, savvy investors will appreciate the opportunity to enhance their returns over time. The current income and expenses for the property are available upon request, providing transparency and aiding in your investment decision-making process.

Located at 12 Shaw Street, Springwater, this Multi-Family Home for sale in Springwater is conveniently positioned near major amenities, making it an attractive option for prospective tenants. The proximity to essential services, schools, and recreational facilities enhances the appeal of the location, ensuring a steady demand for rental units.

In summary, this Multi-Family Home for sale in Springwater at 12 Shaw Street, Springwater, represents a remarkable investment opportunity in a thriving community. With its impressive number of bedrooms, well-maintained condition, and strategic location, this property is poised to deliver strong returns for its next owner. Don’t miss out on the chance to invest in a property that offers both immediate income and long-term growth potential. Schedule a viewing today and discover the possibilities that await you at this outstanding multiplex.

Elmvale, nestled within the charming municipality of Springwater, Ontario, offers a picturesque rural setting that combines the tranquility of country living with convenient access to urban amenities. Surrounded by lush landscapes and rolling farmland, this quaint village is known for its friendly atmosphere and strong sense of local pride. Residents can enjoy the scenic beauty of nearby parks and trails, while the community itself boasts essential services, quaint shops, and a vibrant farmers' market that showcases local produce. With its welcoming environment and close-knit feel, Elmvale is an ideal place for those seeking a peaceful lifestyle without sacrificing the comforts of modern living.

Schools in the Neighbourhood

This property is conveniently located near two highly-rated educational institutions, making it an ideal choice for families. Just 0.5 km away, Huronia Centennial Elementary School serves grades JK to 6 and boasts a commendable school rating of 4.4. This public school, governed by the Simcoe County District School Board, offers a strong English-language curriculum. For older students, Elmvale District High School is situated even closer at only 0.2 km from the property. Catering to grades 9 to 12, this secondary school also falls under the Simcoe County District School Board and has a solid rating of 4.2. Both schools are well-regarded in the community, providing quality education and a supportive environment for students. The proximity of these schools not only enhances the convenience for daily commutes but also adds significant value to the property, making it an attractive option for families prioritizing education. With such accessible educational facilities, potential buyers can feel confident that their children will receive a quality education in a nurturing environment.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 550 residents, with an average household size of 2.1. The demographic profile reveals an average age of 46.7 years, indicating a mature community. The average household income stands at $85,000, with 10% of the population classified as low-income. The average property price in the area is approximately $552,000, reflecting a relatively stable real estate market. The community has a diverse social structure, with 44.68% of residents being single and 41.94% living in households with children. Renters comprise 38.98% of the population, while 20.34% of homes are condominiums. Educational attainment is high, with 52.83% of residents holding a college or university degree. Additionally, the area has a small immigrant population of 8.13%. Notably, a significant portion of the community, 43.4%, is not actively participating in the labor force, which may reflect various factors, including retirement or other personal circumstances. Overall, this demographic snapshot suggests a well-educated, moderately affluent community with a mix of family structures and housing options.