Primary photo of 612 BAY STREET, Midland
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Duplex For Sale

$449,900

MLS® Number: S12839008

Bedrooms

3

Bathrooms

2

612 BAY STREET, Midland, Ontario

About This Property

Top 5 Reasons You Will Love This Home: 1) Charming semi-detached duplex with two fully self-contained units, offering a smart opportunity for investors or buyers looking to live in one unit while generating steady rental income from the other 2) Strong, reliable income already in place with the main unit rented at $1650 plus utilities and the upper unit rented at $1567 plus utilities, providing immediate cash flow from day one 3) Located just minutes from downtown Midland, you are close to shops, schools, parks, walking trails, marinas, and the waterfront, a location that consistently attracts quality tenants and end users alike 4) Separate hydro meters for each unit allow tenants to pay their own utilities, keeping expenses predictable and simplifying management 5) Three dedicated parking spaces, refreshed interiors, and a low-maintenance yard make this a practical, turn-key property, whether you are stepping into the market or adding another solid door to your portfolio. 1,278 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.

Property Details

Interior Details

Appliances

Refrigerator, Stove, Water Heater

Basement

Unfinished, Crawl space

Bathrooms Total

2

Bedrooms Total

3

Cooling

None

Flooring

Vinyl

Heating

Baseboard heaters, Electric

Building & Exterior

Exterior Features

Brick, Vinyl siding

Foundation Details

Stone

Parking Features

No Garage

Stories

2.0

Land & Location

City Region

Midland

Community Features

Community Centre

Frontage Length

30.6 feet

Lot Size Dimensions

30.5 x 85.7 FT

Postal Code

L4R1L6

Listing & Financials

Listing Office

FARIS TEAM REAL ESTATE BROKERAGE

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Parking Total

3

Mortgage Calculator

20% ($89,980)
5.5%
25 Years

Estimated Monthly Payment

$2,210

Principal and interest only. Actual rates may vary.

Location & Map

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