20 Yonge Street S

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Springwater , situated at 20 Yonge Street S, Springwater. This charming century-old duplex, located in the heart of Elmvale, boasts a well-maintained structure that has been thoughtfully designed to cater to both comfort and functionality. The property features a distinctive 2-storey multiplex style, constructed with a combination of brick and vinyl siding, ensuring both durability and aesthetic appeal.

This Multi-Family Home for sale in Springwater comprises two spacious 2-bedroom units, one located on the upper level and the other on the lower level. Each unit is equipped with its own private laundry facilities and separate entrances, providing tenants with the utmost privacy and convenience. The layout is ideal for families or individuals seeking a shared living arrangement while still maintaining personal space. The total number of rooms in the property is an impressive 10, allowing for ample living space.

The property features two kitchens, which is a significant advantage for those looking to maximise the functionality of each unit. However, it is important to note that there is no additional kitchen, which may be a consideration for potential buyers. The absence of a family room and den means that the living areas are primarily focused on the essential spaces, making the property straightforward and easy to manage.

At 20 Yonge Street S, Springwater, the home is equipped with central air conditioning, ensuring a comfortable environment throughout the year. The heating system operates on forced air, providing efficient warmth during the colder months. The property is connected to municipal water and sewer services, which adds to the convenience of living in this charming community.

One of the standout features of this Multi-Family Home for sale in Springwater is the outdoor space. The property sits on a generous lot measuring 61 X 132 feet, offering a pleasantly landscaped yard that enhances the overall charm and livability of the home. While there is no pool or garage space available, the private driveway accommodates up to four parking spaces, ensuring that residents and guests have ample room for vehicles.

The property is unfurnished, allowing potential buyers to envision their own style and preferences within the space. Additionally, the partial basement is currently unfinished, presenting an opportunity for future development or storage. The age of the property, being over 100 years, adds a unique historical character that is often sought after in the real estate market.

Located just steps away from the vibrant amenities of Elmvale, this Multi-Family Home for sale in Springwater is ideally positioned for those who appreciate the convenience of nearby restaurants, shopping, and transit options. The neighbourhood is known for its walkability, making it an attractive option for both tenants and potential owners.

Currently fully tenanted with excellent A++ tenants, this property presents a fantastic opportunity for investors seeking a well-kept, turnkey investment in a desirable location. The combination of its central location, spacious units, and the charm of a century-old home makes this a unique offering in the Springwater real estate market.

In summary, 20 Yonge Street S, Springwater, is a Multi-Family Home for sale in Springwater that offers a blend of comfort, functionality, and historical charm. With its two separate units, private parking, and proximity to local amenities, this property is not only a sound investment but also a delightful place to call home. Don’t miss the chance to explore this exceptional opportunity in Elmvale!

Elmvale, nestled within the charming township of Springwater, Ontario, offers a picturesque blend of rural tranquility and small-town charm. This quaint community is characterised by its lush landscapes, friendly atmosphere, and a strong sense of local heritage. Residents enjoy easy access to beautiful parks, scenic trails, and the nearby Nottawasaga River, making it an ideal spot for outdoor enthusiasts. Elmvale also boasts a selection of local shops, cafes, and essential services, ensuring a convenient lifestyle while maintaining that close-knit, community feel. With its welcoming environment and rich natural beauty, Elmvale presents a delightful option for those seeking a peaceful yet vibrant place to call home.

Schools in the Neighbourhood

This property is ideally situated near two highly-rated educational institutions, making it an excellent choice for families. Just 0.2 km away, Huronia Centennial Elementary School offers a nurturing environment for younger students from Junior Kindergarten to Grade 6. It is part of the Simcoe County District School Board and boasts a commendable school rating of 4.4, reflecting its commitment to quality education. For older students, Elmvale District High School, also located a mere 0.2 km from the property, provides education for Grades 9 to 12. This secondary school, also under the Simcoe County District School Board, has a solid school rating of 4.2, ensuring that students receive a comprehensive education in a supportive atmosphere. Both schools are public institutions with English as the language of study, making them accessible and inclusive for the community. With such proximity to reputable schools, this property not only offers convenience but also peace of mind for parents seeking quality education for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 588 residents, with an average household size of 2.3 individuals. The demographic profile indicates a mature community, with an average age of 42.9 years. The economic landscape is relatively robust, as the average household income stands at $98,000, and only 8.8% of the population is classified as low-income. The real estate market reflects this economic stability, with an average property price of $660,000. The community has a diverse social structure, with 43.88% of individuals identifying as single and 37.5% of households having children. Renters comprise a significant portion of the population at 36.54%, although there are no condominiums reported in the area. Educational attainment is high, with 50% of residents holding a college or university degree. However, a notable 33.33% of the population is not participating in the labor force, and immigrants make up 4.55% of the community. This demographic snapshot highlights a well-educated, economically stable neighborhood with a mix of family-oriented and single residents, contributing to a vibrant community atmosphere.