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$599,000
Est. payment /mo
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Midland
MLS Listing ID S12317980
Style 2 1/2 Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $4,358
Tax Year 2024
Property Sub-Type Duplex
Property Description
This legal duplex offers a rare opportunity to generate steady rental income with three fully self-contained units, perfectly situated in Midland's vibrant downtown core. The property includes a bright and spacious 1-bedroom, 1-bath main floor unit with on-site laundry; a second main floor unit offering 2 bedrooms and 1 bath; and a well-appointed upper-level unit with 2 bedrooms, 1 bath, a bonus den, and its own laundry facilities. With a smart layout and private living spaces, this home caters perfectly to the needs of todays renters. Outside, the partially fenced backyard offers a shared outdoor area, while two separate driveways provide ample parking for tenants. Located just minutes from Georgian Bay, marinas, downtown shops and restaurants, and all essential amenities, this property is a fantastic option for those looking to invest in a high-demand rental market. Whether you're expanding your portfolio or entering the investment space for the first time, this property offers immediate income potential and long-term value. Take possession any time this is a rare find in one of Midlands most sought-after locations.
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Rooms
Family Room No
Basement Crawl Space
Kitchen 3
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck, Porch Enclosed
Parking Features Private
Pool None
View Trees/Woods
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 68.0
Lot Depth 100.0
Total Parking Spaces 6
Building
Unit Features Hospital,Lake/Pond,Park,Rec./Commun.Centre,School,Beach
Foundation Concrete, Stone
Others
Security Features Smoke Detector
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Listed by Keller Williams Co-Elevation Realty, Brokerage