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.
| MLS # | S13061040 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 129 |
| Listing Provided By | RE/MAX By The Bay Brokerage | S13061040 550500 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.11 |
| Interior Features | In-Law Suite |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Brick Front, Vinyl Siding |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 3707 |
|---|---|
| Tax Legal Description | PCL 38-1 SEC 51M454; LT 38 PL 51M454 MIDLAND; MIDLAND |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Midland |
| Postal Code | L4R 5E2 |
| Area | Midland |
| Listing VS Median (in L4R 5E2) | |
Price: $525,000 low | high Med: $0 On site: 129 low | high Med: | |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Midland |
| Postal Code | L4R 5E2 |
| Area | Midland |
| Listing VS Median (in L4R 5E2) | |
Price: $525,000 low | high Med: $0 On site: 129 low | high Med: | |