9732 93 HIGHWAY, Midland, Ontario, L4R4L9

Property Description

Welcome Home! - Investment Opportunity in Midland. This raised bungalow, just 8 years old, offers comfort, functionality, and incredible income potential. The home features approximately 1,009 sq. ft. on the main floor and a total of 1,512 sq. ft. of finished living space.The main level offers a bright open-concept kitchen, dining, and living area, ideal for everyday living. You'll also find a spacious primary bedroom with a 3-piece ensuite, convenient main floor laundry with a large double closet, a second well-sized bedroom, and an additional 4-piece bath.The lower level provides added flexibility with a separate entrance, a 420+ sq. ft. workshop (that could easily be converted into additional bedrooms ), separate laundry, and a brand new in-law suite & 3-piece bath-featuring a large open-concept kitchen and living area-perfect for extended family or additional income potential. Set on a generous 1.36-acre lot, this property offers a peaceful and private setting while still being conveniently located between Midland and Penetanguishene. Enjoy the best of both worlds-close to all amenities, yet surrounded by nature. The backyard is bright and open, with frequent sightings of deer, wild turkey, fox, and other local wildlife, creating a truly relaxing outdoor environment. A new concrete pad (26' x 30') with permits in place is ready for a future garage.One of the most unique features of this property is the built-in investment income. The property generates reliable monthly revenue from a Rogers tower, without impacting the use of the home. Currently earning $1,606.58/month ($19,200/year), with a 10% increase effective November 1, 2026. There is a 10 year contract in place with the opportunity to extend. A clean, well-cared-for home offering space, versatility, privacy, and a rare income opportunity.Don't miss your chance to take advantage of this incredible opportunity-properties like this, combining lifestyle and strong built-in income, are truly hard to find (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Raised bungalow
• Bedrooms: 2 (2 above)
• Bathrooms: 3
• Ownership: Freehold
• Attached: No
• Parking: 10.0 spaces (No Garage)
• Frontage: 150 ft (45.7 m)

Costs

• Annual Taxes: $5,800.00

Listing Provided by: Royal LePage In Touch Realty
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.