Duplex For Sale
$525,000
MLS® Number: S13061040
Bedrooms
5
Bathrooms
2
Duplex For Sale
$525,000
Bedrooms
5
Bathrooms
2
579 WAYNE CRESCENT, Midland, Ontario
About This Property
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.
Property Details
Interior Details
Appliances
Washer, Stove, Dryer
Basement
Finished, Full, Separate entrance, N/A, N/A
Bathrooms Total
2
Bedrooms Total
5
Cooling
None
Heating
Forced air, Natural gas
Building & Exterior
Architectural Style
Raised bungalow
Exterior Features
Vinyl siding, Brick Facing
Foundation Details
Block
Parking Features
No Garage
Stories
1.0
Land & Location
City Region
Midland
Frontage Length
50.2 feet
Lot Features
In-Law Suite
Lot Size Dimensions
50.2 x 98.6 FT
Postal Code
L4R5E2
Listing & Financials
Listing Office
RE/MAX By The Bay Brokerage
Originating System Name
OnePoint Association of REALTORS®
Other Specifications
Country
Canada
Parking Total
2
Listed By
RE/MAX By The Bay Brokerage
Mortgage Calculator
Estimated Monthly Payment
$2,579
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,579
Principal and interest only. Actual rates may vary.
