Kevin Whetham Broker, Accredited Buyers Representative

579 WAYNE CRESCENT

$525,000

Listing ID: S13061040

RE/MAX By The Bay Brokerage

579 WAYNE CRESCENT, Midland, Ontario, L4R5E2

Bathrooms: 2 Bedrooms: 5
Property Type: Multi-family Building Area: 700 - 1100 sqft
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. (id:24871)


Details

Equipment: Water Heater Features: In-Law Suite
Parking Spaces: 2 Rental Equipment: Water Heater
Transaction: For sale

Building

Bedrooms Above Ground: 3 Bedrooms Below Ground: 2
Appliances: Dryer, Stove, Washer Architectural Style: Raised bungalow
Basement Development: Finished Basement Features: Separate entrance
Basement: N/A, Full, N/A (Finished) Cooling: None
Exterior Finish: Brick Facing, Vinyl siding Foundation: Block
Bathrooms (Total): 2 Heating Fuel: Natural gas
Heating: Forced air Size Interior: 700 - 1100 sqft
Storeys Total: 1 Type: Duplex
Utility Water: Municipal water

Land

Size Frontage: 50 ft ,2 in Sewer: Sanitary sewer
Size Depth: 98 ft ,7 in Size Irregular: 50.2 x 98.6 FT
  • 579 WAYNE CRESCENT
  • 579 WAYNE CRESCENT

Contact Kevin at (705) 774-4444 for details on specific location.

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