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Royal LePage
Royal LePage
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$590,000

Midland ON, L4R 5J4

MLS® # S12487469

Property Information:

Midland Triplex in Midlands with positive cash flow. All tenants month to month and in good standing. Separate hydro meters. Unit One-2 bedrooms $1,144.31 pm; Unit Two-2 Bedrooms $1,600 pm; Unit Three-3 bedrooms $1,190.53 pm. Utility costs 2024 (Water) $754.97.00. Purchase includes vacant lot 1108 Harbourview Drive as septic system is on both properties. Potential to sever and create separate building lot if town runs sewers to house (buyer to do own due diligence.) (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Type: None
  • Exterior Finish: Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 3
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Size: 50 x 164 Acre
  • Sewer: Septic System
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX By The Bay Brokerage

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 203 GIANETTO DRIVE, Midland, Ontario, L4R 5J4

Demographic Information of 203 GIANETTO DRIVE, Midland, Ontario, L4R 5J4

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$163,924.78

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.74 %

High school certificate or equivalent

28.51 %

Apprenticeship trade certificate/diploma

9.71 %

College/non-university certificate

27.44 %

University certificate (below bachelor)

2.08 %

University Degree

17.52 %

Commuter

Travel To Work

By Car

90.26 %

By Public Transit

0.0 %

By Walking

2.67 %

By Bicycle

0.0 %

By Other Methods

7.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.67 %

Houses

98.33 %

Own Vs. Rent

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