579 Wayne Crescent Midland, Ontario L4R 5E2
$525,000
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 $2,941.27; Hot Water Heater $2,941.27. An excellent opportunity for investors seeking a stable, income-generating property in a sought-after location. (id:62379)
Property Details
| MLS® Number | S13061040 |
| Property Type | Multi-family |
| Community Name | Midland |
| Equipment Type | Water Heater |
| Features | In-law Suite |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Dryer, Stove, Washer |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a, Full, N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Brick Facing, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 98 Ft ,7 In |
| Size Frontage | 50 Ft ,2 In |
| Size Irregular | 50.2 X 98.6 Ft |
| Size Total Text | 50.2 X 98.6 Ft |
https://www.realtor.ca/real-estate/29676322/579-wayne-crescent-midland-midland
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April 30 2026 11:38:04
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