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$699,900Asking Price

4 Shaw Street, Springwater, ON L0L 1P0

Wasaga Beach, Wasaga Beach

Duplex
6
Bedrooms
2
Baths
3
Parking
Days on Market

Rare opportunity to own a legal duplex - two fully above-ground units - in the heart of downtown 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.

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Tour this home:

Rare opportunity to own a legal duplex - two fully above-ground units - in the heart of downtown 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.

Key Info

  • 2-Storey Duplex
  • 3 Parking
  • No Garage
  • Queen Street E and Shaw Street
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Baseboard Electric Heating
  • A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $2,564 in 2026
  • Possession: Flexible

Details

  • Vinyl Siding Exterior
  • Fireplace
  • 2 Kitchens
  •  
  • MLS #S12978816
  • Royal LePage Locations North

Extras

Room Floor Dimensions Details
1 Kitchen Main 14.14' x 14.11'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom

Who lives here?

Wasaga Beach, Wasaga Beach is a north GTA neighbourhood.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Wasaga Beach  (0.7)

Singles

36% of residents are
single and loving it.

36% singles

Wasaga Beach (36%)

Renters

14% of residents
are renters.

14% renters

Wasaga Beach (14%)

Education

16% of residents are
university grads.

16% university grads

Wasaga Beach (16%)

Income

Average Household Income

$88K

is the average household
income in the neighbourhood.

Wasaga Beach  ($88K)

Professions

Professions

Sales 13%
Trades 10%
Business 6%
Management 5%
Government 5%

Immigrants

17% of residents were
born outside of Canada.

17% immigrants

Wasaga Beach (17%)

Birthplace - All

UK was once home to 5.0% of immigrants.
Italy 1.5%
Germany 1.4%
Poland 1.0%
Portugal 0.9%

5.0% from UK
All-time

Birthplace - Recent

UK was once home to 0.7% of immigrants.
India 0.4%
Germany 0.1%
USA 0.1%
Poland 0.1%

0.7% from UK
Recent

Foreign Languages

Foreign Languages

Italian 3%
French 2%
German 2%
Polish 1%
Portuguese 1%

Religions

Religions

Christian 75%