405 BAY STREET

Midland, Ontario, L4R1K7, Canada

$599,000

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. 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*

EXTRAS: Sloping

Last updated on : Thursday 2nd of January 2025 11:58:05 AM

ADDRESS

Street : 405 BAY STREET

City : Midland

Province : Ontario

Country : Canada

Postal Code : L4R1K7

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PROPERTY SUMMARY

Property ID : S11892281

Building Type : House, Detached

Property Type : Single Family

Bedrooms : 4

Bathrooms : 3 + 1

Parking : 2

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