579 Wayne Crescent, Midland, ON L4R 5E2
- $525,000
- 5
- BD
- 2
- BA
- 700
- SqFt
- List Price
- $525,000
- MLS#
- S13061040
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- Bungalow-Raised
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 700-1100
- Province
- ON
- Municipality
- Midland
- Area
- Simcoe
- Neighborhood
- Midland
- Subdivision
- Galloway Blvd
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.
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Additional Information
- Taxes
- $3,707
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 2
- Exterior
- Brick Front, Vinyl Siding
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 2
Mortgage Calculator
Listing courtesy of RE/MAX By The Bay Brokerage.