Realestate

Property Details

1 of 5
$525,000
579 Wayne Crescent, Midland, ON L4R 5E2
3 + 2
2
MLS®S13061040
Property Type
Residential Freehold
Sub Type
Duplex
Heating
Forced Air
Cooling
None
Lot Size
98.59 x 50.23 Feet
Approx Age
N/A
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.
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