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:4069)
Address
579 WAYNE CRESCENT
List Price
$525,000
Property Type
Multi-family
Type of Dwelling
Duplex
Style of Home
Raised bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Midland
Bedrooms
5
Bathrooms
2
Floor Area
700 - 1100 Sq. Ft.
Lot Size
50.2 x 98.6 FT Sq. Ft.
MLS® Number
S13061040
Listing Brokerage
RE/MAX By The Bay Brokerage
Basement Area
N/A, Full, N/A (Finished)
Postal Code
L4R5E2
Features
In-Law Suite
