579 Wayne Crescent, Midland, Ontario

$525,000

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5

Beds

2

Baths

About 579 Wayne Crescent

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. (id:36535)

Features of 579 Wayne Crescent

Listing # S13061040
Price $525,000
Bedrooms 5
Bathrooms 2.00
Acres 0.00
Type Multi-family
Style Raised bungalow

Community Information

Address 579 Wayne Crescent
Subdivision Midland
City Midland
Province Ontario
Postal Code L4R5E2

Amenities

Features In-Law Suite
Parking Spaces 2
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Stove, Washer
Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 1
Has Basement Yes
Basement Features Separate entrance
Basement Type N/A, Full, N/A (Finished)
Basement Development Finished

Exterior

Exterior Brick Facing, Vinyl siding
Lot Description 50.2 x 98.6 FT
Foundation Block

Listing Details

OfficeCourtesy Of RE/MAX By The Bay Brokerage

Listing Map