Midland ON, L4R 3T5
Property Information:
This legal duplex offers a rare opportunity to generate steady rental income with three fully self-contained units, perfectly situated in Midland's vibrant downtown core. The property includes a bright and spacious 1-bedroom, 1-bath main floor unit with on-site laundry; a second main floor unit offering 2 bedrooms and 1 bath; and a well-appointed upper-level unit with 2 bedrooms, 1 bath, a bonus den, and its own laundry facilities. With a smart layout and private living spaces, this home caters perfectly to the needs of todays renters. Outside, the partially fenced backyard offers a shared outdoor area, while two separate driveways provide ample parking for tenants. Located just minutes from Georgian Bay, marinas, downtown shops and restaurants, and all essential amenities, this property is a fantastic option for those looking to invest in a high-demand rental market. Whether you're expanding your portfolio or entering the investment space for the first time, this property offers immediate income potential and long-term value. Take possession any time this is a rare find in one of Midlands most sought-after locations. (id:27)
Building Features:
- Style: Duplex
- Building Type: Duplex
- Basement Type: Crawl space
- Exterior Finish: Brick
- Fire Protection: Smoke Detectors
- Floor Space: 2000 - 2500 sqft
- Foundation Type: Concrete, Stone
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: None
- Appliances: Dryer, Stove, Washer, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 6
- Bathrooms: 3
- Amenities Nearby: Hospital, Park, Schools
- Community Features: Community Centre
- Features: Flat site
- Floor Space (approx): 2000 - 2500 Square Feet
- Irregular: Yes
- Lot Depth: 100.0 Feet
- Lot Frontage: 68.0 Feet
- Lot Size: 68 x 100 FT ; 100.33ft x 69.15ft x 100.41ft x 69.59ft
- Structure Type: Deck, Porch, Shed
- Surface Water:
- Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
- Zoning: R2
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 6
Rooms:
- 5th Bedroom 3rd Level 6.47 m x 2.63 m 21.23 ft x 8.63 ft
- Bedroom 3rd Level 3.59 m x 3.58 m 11.78 ft x 11.75 ft
- Sun Room Main Level 1.92 m x 3.53 m 6.30 ft x 11.58 ft
- Bedroom Main Level 3.43 m x 3.32 m 11.25 ft x 10.89 ft
- Kitchen Main Level 3.56 m x 3.53 m 11.68 ft x 11.58 ft
- Dining Main Level 3.56 m x 3.32 m 11.68 ft x 10.89 ft
- Living Main Level 3.04 m x 2.83 m 9.97 ft x 9.28 ft
- Mudroom Main Level 2.67 m x 4.04 m 8.76 ft x 13.25 ft
- 2nd Bedroom Main Level 2.73 m x 4.03 m 8.96 ft x 13.22 ft
- Kitchen Main Level 2.51 m x 3.51 m 8.23 ft x 11.52 ft
- Laundry Main Level 3.65 m x 2.82 m 11.98 ft x 9.25 ft
- 3rd Bedroom Upper Level 3.09 m x 3.32 m 10.14 ft x 10.89 ft
- Kitchen Upper Level 2.94 m x 3.02 m 9.65 ft x 9.91 ft
- 4th Bedroom Upper Level 4.66 m x 2.78 m 15.29 ft x 9.12 ft
- Dining Upper Level 1.90 m x 2.63 m 6.23 ft x 8.63 ft
- Sitting Upper Level 2.84 m x 2.71 m 9.32 ft x 8.89 ft
Convert Measurement to:
Courtesy of: Keller Williams Co-Elevation Realty, Brokerage
⚠ Potential Investment Performance
There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation
Market Price Trends
Location of 224 4TH STREET, Midland, Ontario, L4R 3T5
Demographic Information of 224 4TH STREET, Midland, Ontario, L4R 3T5
Life Stage
Midlife FamiliesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$72,249.69Average Number of Children
1.58Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
22.17 %High school certificate or equivalent
33.84 %Apprenticeship trade certificate/diploma
8.23 %College/non-university certificate
23.24 %University certificate (below bachelor)
0.06 %University Degree
12.45 %Commuter
Travel To Work
By Car
71.61 %By Public Transit
0.0 %By Walking
23.05 %By Bicycle
0.02 %By Other Methods
5.32 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
46.85 %Houses
53.15 %