579 Wayne Crescent, Midland, Ontario L4R 5E2

Listed for:
$525,000
5 beds
2 baths
Listed 9 days ago
Duplex for rent: 579 Wayne Crescent, Midland, Ontario L4R 5E2

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About

Cross Streets: Galloway Blvd. ** Directions: Galloway Blvd to Wayne Crescent. 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:27476)

Property Highlights

MLS® Number
S13061040
Type
Multi-family
Community Name
Midland
Land Size
50.2 x 98.6 FT
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.00
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
5
Exterior Finish
Brick Facing, Vinyl siding
Fireplace Present
No
Basement Type
N/A, Full, N/A (Finished)
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX By The Bay Brokerage
MLS® number:
S13061040
Agent:
Andrew Mckay
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