405 BAY STREET Active

Midland,ON L4R1K7

$ 599000

4 Beds

3 Baths

1499 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,499 sqft

Price per Sqft $399

Subdivision Midland

MLS Listing ID S11892281

Bedrooms 4

Half Baths 1

Originating Board OnePoint Association of REALTORS®

Property Description

Great value can be found in this spacious home with income potential, located just steps to downtown, waterfront park, rotary trail, and many other conveniences. This well-kept home features: 4 Bdrms * 2.5 Baths * Main Floor Laundry * Rec Rm W/ Bar Area * Over 1900ft2 of Finished Space * Gas Furnace 2018 * Central Air 2021 * Shingles 2021 * Many Other Improvements * Currently Set Up As 2 Front and Back Apartments: Front unit is 2 Bedroom + Den and Back unit is 2 Bedroom. Home is not a registered duplex. The current rents are approx $25,200/yr for front unit (will be vacant March 1, 2025) and $21,000/yr for back unit (will be vacant January 1, 2025). New owner can set new rents once vacant. It can easily be converted back to a single family home by opening a doorway. Great home for large family, room for in-laws / Adult Children or great opportunity for rental income. *Photos are from Spring of 2022* (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 2.84 m X 4.9 m Primary Bedroom

Extra Room 2 Second level 2.16 m X 2.79 m Den

Extra Room 3 Lower level 4.11 m X 3.25 m Living room

Extra Room 4 Lower level 1.83 m X 2.36 m Kitchen

Extra Room 5 Main level 3.28 m X 4.17 m Living room

Extra Room 6 Main level 3.66 m X 2.49 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Carpeted,Vinyl,Laminate

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped

Story 1.5

Sewer Sanitary sewer

Others

Ownership Freehold

View More
Favorite Go Tour