405 BAY ST Active Save Request In-Person Tour Request Virtual Tour
Midland,ON L4R 1K7
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID S11892281
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $2,872
Tax Year 2024
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*
Location
Province ON
County Simcoe
Community Midland
Area Simcoe
Region Midland
City Region Midland
Rooms
Family Room No
Basement Walk-Up,Separate Entrance
Kitchen 2
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Landscaped,Porch Enclosed,Patio,Year Round Living
Parking Features Private Double
Garage Spaces 2.0
Pool None
Waterfront Description None
View Skyline,Bay
Roof Type Shingles
Topography Sloping
Lot Depth 60.0
Total Parking Spaces 2
Building
Unit Features Arts Centre,Library,Marina,Park,Public Transit,School
Foundation Stone,Concrete Block
New Construction true