579 WAYNE CRESCENT, Midland, Ontario, L4R 5E2

$525,000

MLS® # S13061040

Investment For Sale In Midland, Ontario

$525,000

Property Information:

Well-maintained Midland duplex , easy to rent and positive cash flow. Long-standing tenants who take evident care and upkeep of the property.Each unit offers a spacious and functional layout with a full kitchen, comfortable living area and in-suite laundry. Both units are currently rented on a month-to-month basis, providing flexibility for future adjustments.Current rental income:Upper unit: 3 bedrooms, $1,835.13/month. Lower unit: 2 bedroom, $1,635.86/month. Both inclusive. Total utility costs for 2025: Hydro $2,941.27; Gas $860.90; Water/Sewer $1,403.44; Hot Water Heater $369.68. An excellent opportunity for investors seeking a stable, income-generating property in a sought-after location. No internal photos for tenant privacy. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Architectural Style: Raised bungalow
  • Basement Development: Finished
  • Basement Type: N/A, Full, N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Features:
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 98.6 Feet
  • Lot Frontage: 50.2 Feet
  • Lot Size: 50.2 x 98.6 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX By The Bay Brokerage

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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