579 Wayne Crescent, Midland, ON L4R 5E2, Midland, ON, L4R 5E2
MLS: S13061040 | Duplex
$525,000
Property Description
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.
Quick Facts
- Property Type: Duplex
- Style: Bungalow-Raised
- Bedrooms: 5 (3 above, 2 below)
- Bathrooms: 2
- Parking: 2.0 spaces
Costs
- Annual Taxes: $3,707.00 (2025)
Listing Provided by: RE/MAX By The Bay Brokerage
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: None
- Basement: Separate Entrance, Full, Finished
Exterior & Construction
- Style: Bungalow-Raised
- Roof: Asphalt Shingle
- Construction: Brick Front, Vinyl Siding
- Foundation: Concrete Block
- Sewer: Sewer
Lot & Land
- Pool: None
Community & Neighbourhood
- Neighbourhood: Midland
Listing Information
Listing History
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579 Wayne Crescent, Midland, ON L4R 5E2, Midland, ON, L4R 5E2