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 Sub-Type Freehold

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. 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

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