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$525,000
Est. payment /mo
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Midland
MLS Listing ID S13061040
Style Bungalow-Raised
Bedrooms 5
Annual Tax Amount $3,707
Tax Year 2025
Property Sub-Type Duplex
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.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Separate Entrance, Full, Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features In-Law Suite
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.23
Lot Depth 98.59
Total Parking Spaces 2
Building
Foundation Concrete Block
Others
ParcelsYN No
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Listed by RE/MAX By The Bay Brokerage
Nearby Locations
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