3 Beds 2 Bath

579 Wayne Crescent, Midland, ON L4R 5E2

Midland L4R 5E2 Ontario

MLS: S13061040

$525,000

Added 48 minutes ago | For Sale

Listed by: RE/MAX By The Bay Brokerage

About 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 $2,941.27; Hot Water Heater $2,941.27. An excellent opportunity for investors seeking a stable, income-generating property in a sought-after location.

Features

  • House Style:Duplex
  • Bathrooms:2
  • Land Size: 50.23 X 98.59
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Galloway Blvd
  • Basement:Separate Entrance,Full,Finished , Separate Entrance,Full,Finished
  • Possession Date:TBA
  • Annual Property taxes: $3707
  • Bedrooms:3 +2
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:S13061040

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