Listed by Royal Lepage Locations North.

4 Shaw Street is a Duplex, 2-Storey and is currently for Sale @ $699,900. Taxes in 2026 were $2,564.44.

More homes for sale under 700k in Springwater

Rare opportunity to own a legal duplex - two fully above-ground units - in the heart of downtown Elmvale. The 2-Storey on 4 Shaw Street has 6 bedrooms, 2 bathrooms, and is located on a 66 x 82.5 ft lot in the community of Elmvale . Ideal for investors, multigenerational families, and buyers looking to offset their mortgage with rental income. One owner for 27+ years. Property shows pride of ownership: updated and well-maintained inside and out. Each large, bright unit features a spacious kitchen and living/dining area complete with a cozy gas fireplace. Both units have three bedrooms and one full bathroom with washer/dryer. Primary bedrooms feature a walkout to a private balcony, adding valuable outdoor space.The first-floor unit is wheelchair accessible - including a ramp and wider doorways - making it perfect for retirees, multigenerational living, or anyone with accessibility needs. At $4,400/month, potential market rents show strong cash flow potential. Because each unit is separately metred, tenants pay their own utilities, further increasing the efficiency of this investment. This property has parking for three vehicles (with space for up to five), an outdoor shed, lovingly tended perennial gardens, mature trees, and is next door to a parkette. It is move-in ready. Located in highly walkable and charming downtown Elmvale, this property is close to shops, schools, churches, and other essential amenities.This is a rare and versatile opportunity: whether you're a first-time buyer looking for income support, a retiree wanting one-level living with additional income, or an investor seeking a desirable duplex with two three-bedroom units. Legal duplexes with two above-grade units, separately metred, strong rental income, plus accessibility features and outdoor space are hard to find. Don't miss this one.

Upper Unit: Fridge, Upright freezer, Stove, Dishwasher, Freezer, Microwave, Washer and Dryer Lower Unit: Fridge, Stove, Washer and Dryer All light fixtures, Bathroom mirrors, garden shed

The address 4 Shaw Street was listed for sale (MLS# S12978816) on Thursday, April 09, 2026.