579 WAYNE CRESCENT, Midland, Ontario L4R 5E2
$525,000.00
- 5 bedrooms
- 2 bathrooms
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, ... read more
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:25417)
- Listing ID: S13061040
- Property Type: Multi-family
| Property | |
|---|---|
| Style: | Raised Bungalow |
| Lot Size: | 50.2 by 98.6 FT |
| Parking: | No Garage 2 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Duplex |
| Appliances: | Stove, Washer and Dryer |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick Facing and Vinyl Siding |
| Basement: | N/A, Full, N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| Town: | Midland |
| Province: | Ontario |
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