Midland ON, L4R 1G5
Property Information:
Attention investors! Here is a rare, low-stress addition to your portfolio. Located in a desirable, high-demand neighborhood on Midland's west side, this exceptionally well-maintained duplex is completely optimized for independent tenant living. The property features two spacious units (a 3-bedroom upper unit and a 2-bedroom lower unit), each completely self-contained to minimize your landlord overhead.The smartest feature of this build? Absolutely everything is separate. Both units boast their own private driveways, separate hydro meters, independent gas furnaces, individual A/C units, dedicated hot water heaters, separate electrical panels, and in-suite laundry facilities.The grade-level entry lower unit is a bright, accessible space currently generating $1,400/month plus utilities. The expansive main-floor upper unit features 3 bedrooms and brings in $2,200/month plus utilities. With all appliances included and a structure built for minimal maintenance, you can sit back and collect immediate cash flow from day one! (id:7525)
Building Features:
- Style: Multiplex
- Building Type: Duplex
- Amenities: Separate Hydro Meters
- Architectural Style: Raised bungalow
- Basement Development: Finished
- Basement Type: N/A
- Exterior Finish: Vinyl siding
- Fire Protection: Smoke Detectors
- Floor Space: 700 - 1100 sqft
- Flooring Type: Carpeted, Linoleum
- Foundation Type: Concrete
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: Central air conditioning
- Appliances: Water meter, Dryer, Two stoves, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 3+2
- Bathrooms: 2
- Amenities Nearby: Hospital, Marina, Schools, Park
- Features: Sloping, Sump Pump
- Floor Space (approx): 700 - 1100 Square Feet
- Irregular: Yes
- Lot Depth: 50 Feet
- Lot Frontage: 100 Feet
- Lot Size: 100 x 50 FT
- Structure Type: Deck
- Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
- Zoning: R3
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 4
Rooms:
- 3rd Bedroom Basement Level 3.07 m x 2.74 m 10.07 ft x 8.99 ft
- Other Basement Level 3.07 m x 3.41 m 10.07 ft x 11.19 ft
- Bathroom Basement Level 1.49 m x 2.37 m 4.89 ft x 7.78 ft
- Utility Basement Level 2.07 m x 3.62 m 6.79 ft x 11.88 ft
- Kitchen Basement Level 2.65 m x 4.54 m 8.69 ft x 14.90 ft
- Living Basement Level 4.75 m x 4.54 m 15.58 ft x 14.90 ft
- 2nd Bedroom Basement Level 2.65 m x 2.74 m 8.69 ft x 8.99 ft
- Living Main Level 4.70 m x 4.50 m 15.42 ft x 14.76 ft
- Kitchen Main Level 2.68 m x 4.50 m 8.79 ft x 14.76 ft
- Laundry Main Level 2.59 m x 1.70 m 8.50 ft x 5.58 ft
- Bathroom Main Level 2.68 m x 1.50 m 8.79 ft x 4.92 ft
- 2nd Bedroom Main Level 3.38 m x 2.77 m 11.09 ft x 9.09 ft
- 3rd Bedroom Main Level 3.68 m x 2.62 m 12.07 ft x 8.60 ft
- Bedroom Main Level 3.38 m x 3.08 m 11.09 ft x 10.10 ft
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⚠ Potential Investment Performance
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Market Price Trends
Location of 679 MONTREAL STREET, Midland, Ontario, L4R 1G5
Demographic Information of 679 MONTREAL STREET, Midland, Ontario, L4R 1G5
Life Stage
Midlife FamiliesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$98,640.27Average Number of Children
1.66Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
20.57 %High school certificate or equivalent
29.14 %Apprenticeship trade certificate/diploma
7.32 %College/non-university certificate
25.79 %University certificate (below bachelor)
0.55 %University Degree
16.62 %Commuter
Travel To Work
By Car
89.82 %By Public Transit
0.0 %By Walking
6.07 %By Bicycle
0.0 %By Other Methods
4.11 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
11.48 %Houses
88.52 %