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579 WAYNE CRESCENT, Midland, Ontario, L4R 5E2

MLS® # S13061040
Investment For Sale In Midland, Ontario
$525,000
579 Wayne Crescent, Midland, ON - Outdoor
579 Wayne Crescent, Midland, ON - Outdoor
579 Wayne Crescent, Midland, ON - Outdoor
579 Wayne Crescent, Midland, ON - Outdoor
  • Advertising
579 WAYNE CRESCENT, Midland, Ontario, L4R 5E2
$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
  • 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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Sales/Price History

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Market Price Trends

Single family detached

4.17%

Price change (1 year)

52.12%

Price change (5 years)

All Properties

4.12%

Price change (1 year)

52.0%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 579 WAYNE CRESCENT, Midland, Ontario, L4R 5E2

Demographic Information of 579 WAYNE CRESCENT, Midland, Ontario, L4R 5E2

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$86,873.97

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.38 %

High school certificate or equivalent

39.47 %

Apprenticeship trade certificate/diploma

5.7 %

College/non-university certificate

21.19 %

University certificate (below bachelor)

0.03 %

University Degree

8.22 %

Commuter

Travel To Work

By Car

89.91 %

By Public Transit

0.0 %

By Walking

7.71 %

By Bicycle

0.0 %

By Other Methods

2.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.78 %

Houses

74.22 %

Own Vs. Rent

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