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$749,900
Status: For Sale
Add this legal triplex to your real estate portfolio! New to the market - this is a great income property to start with. Opportunity to combine this purchase with 226 Queen St and acquire a commercial mortgage. Fully detached, legal triplex in Midland with two units - 2 bed, kitchen, bath and one unit - 1 bed, kitchen, bath. Appliances included as shown. Convenience of laundry in each unit, and parking onsite. This one is the ideal starting place for new investors or for the seasoned investor looking for an easy triplex to add to their portfolio. Rent earns approximately $47,000 gross per year. Don't miss out on this opportunity! Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. **EXTRAS** Each unit is supplied with appliances, laundry, onsite parking. Central location with easy access to key amenities, transportation routes.
| Property Type | :Residential |
|---|---|
| MLS Number | :S11933689 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :05 Mar, 2025 (41 Days ago) |
| Source | :TRREB |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L4R 3H1
|
| Price | : $749,900 |
|---|---|
| Property Taxes | :$4440.39 |
| Tax Year | :2024 |
|---|
| Bedrooms | :5 + |
|---|---|
| No. of Rooms | :98 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Place of Worship | :Yes |
| Cross Street | :KING STREET, EAST ON DOMINION AND LEFT ON QUEEN |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Exterior Finish | :Other |
|---|---|
| Parking Space | :3 |
| Basement | :Apartment |
| Garage | :None |
|---|---|
| Park | :Park |
21 Jan, 2025
TREB #S11933689
Listed
$749,900
