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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

3 Beds

2 Baths

Save

Est. payment | -/mo

Save

3 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Midland

MLS Listing ID S13785972

Style 1 1/2 Storey

Bedrooms 3

Annual Tax Amount $2,849

Tax Year 2025

Property Sub-Type Duplex

Property Description

Attention investors and homebuyers! Looking for an investment with real cash-flow potential? Look no further!Welcome to 154 Fifth Street in Midland-a legal duplex offering flexibility, excellent income potential, and vacant possession.The property features a one-bedroom unit that recently rented for $1,615 per month and a two-bedroom unit that rented for $1,850 per month, with tenants responsible for all utilities in addition to their monthly rent.Vacant possession gives you the flexibility to set your own rents, choose your own tenants, move into one unit while renting the other to help offset your mortgage, or accommodate extended family.Each self-contained unit has its own driveway, hydro meter, in-suite laundry and storage shed, providing added convenience and privacy. Ideally located within walking distance of downtown Midland and the waterfront trail, residents can enjoy easy access to local shops, restaurants and beautiful Georgian Bay.Whether you're looking to expand your investment portfolio, reduce your housing costs or explore a multi-generational living arrangement, this versatile property offers plenty of possibilities!

Location

Province ON

County Simcoe

Area Simcoe

Zoning RS2

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Separate Hydro Meter

Cooling Central Air

Inclusions Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Shed (X3)

Exterior

Exterior Feature Deck, Patio

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 100.0

Total Parking Spaces 4

Building

Building Age 100+

Foundation Stone

Others

Senior Community No

ParcelsYN No

Listed by KELLER WILLIAMS EXPERIENCE REALTY

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+1(647) 493-3579

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154 Fifth ST Midland, ON L4R 3V9