387 Elmwood Avenue

Property facts

Price

$525,000

Type

Detached

Bedrooms

3

Bathrooms

3

MLS®

X14134124

Status

active

Brokerage

ROYAL LEPAGE NRC REALTY

About this home

**3 DETACHED BUNGALOWS, ONE LOT, ENDLESS POSSIBILITIES!** That's right, you're getting THREE separate, fully winterized, one-bedroom bungalows, all sold together as ONE package deal, just steps from Crystal Beach! Whether you're looking to expand your investment portfolio, live in one and rent out the other two, or create the perfect setup for multi-generational living (close to the in-laws, but not TOO close!), this is an opportunity you don't see every day. All three units are VACANT and ready for immediate possession, giving you the freedom to choose your own tenants, set your own rental rates (Previously rented for $1400+hydro each), or move right in! Each bright and inviting bungalow features one bedroom, a 4-piece bathroom, an open-concept kitchen and living area, and vaulted ceilings that make the space feel surprisingly spacious. Extensively updated over the past 13 years, improvements include spray foam insulation in the walls, ceilings and crawl spaces, windows, roofs (2018), vinyl siding, updated kitchens and bathrooms, flooring, electrical, plumbing, private decking and stamped concrete walkways. Each bungalow also features ductless heating and air conditioning (installed in 2022), plus back up electric baseboard heating for year-round comfort. Here's where it gets even better: All three bungalows share ONE property tax bill and ONE water/sewer bill, with THREE separate hydro meters. No natural gas bills to worry about! Enjoy the convenience of three independent living spaces on one property, within walking distance of Crystal Beach, local restaurants, shops and everything this vibrant beach community has to offer. Three bungalows. One property. Your tenants, your family, your future plans. Vacant, versatile and ready for its next chapter!

Location