579 Wayne Crescent, Midland, Ontario L4R5E2

Listing courtesy of RE/MAX By The Bay Brokerage.

$525,000
5
BD
2
BA

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List Price
$525,000
MLS®
S13061040
Days on Market
88
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
2
Lot Size Dimensions
50.2 x 98.6 FT
Subdivision
Midland

Property Description

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:5764)

Additional Information

Subdivision
Midland
Parking Spaces
2
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
In-Law Suite
Architectural Style
Raised bungalow
Stories
1

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Calculator source: Real Geeks