579 WAYNE CRESCENT
Midland, Ontario
MLS® S13061040
$525,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S13061040
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- —
1 / 2Listing 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.
Property summary
- MLS® number
- S13061040
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 50.2 x 98.6 FT
- Annual property taxes
- $3,707.00
- Parking
- 2 spaces · No Garage
- Days on market
- 119 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Appliances
- Washer, Stove, Dryer
- Exterior features
- Vinyl siding, Brick Facing
- Lot features
- In-Law Suite
- Architectural style
- Raised bungalow
What would this home cost you?
Based on the $525,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX By The Bay Brokerage, WASAGA BEACH.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.