405 BAY STREET Active Save Request In-Person Tour Request Virtual Tour
Midland,ON L4R1K7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $399
Subdivision Midland
MLS Listing ID S11892281
Bedrooms 4
Half Baths 1
Property Description
Great value can be found in this spacious home with income potential, located just steps to downtown, waterfront park, rotary trail, and many other conveniences. This well-kept home features: 4 Bdrms * 2.5 Baths * Main Floor Laundry * Rec Rm W/ Bar Area * Over 1900ft2 of Finished Space * Gas Furnace 2018 * Central Air 2021 * Shingles 2021 * Many Other Improvements * Currently Set Up As 2 Front and Back Apartments: Front unit is 2 Bedroom + Den and Back unit is 2 Bedroom. Home is not a registered duplex. The current rents are approx $25,200/yr for front unit (will be vacant March 1, 2025) and $21,000/yr for back unit (will be vacant January 1, 2025). New owner can set new rents once vacant. It can easily be converted back to a single family home by opening a doorway. Great home for large family, room for in-laws / Adult Children or great opportunity for rental income. *Photos are from Spring of 2022* (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Carpeted,Vinyl,Laminate
Exterior
Parking Features No
View Y/N No
Building
Lot Description Landscaped
Story 1.5
Sewer Sanitary sewer