351 Borden St, Midland MLS Number: S9509191
Midland, Simcoe, ON, L4R 4N7$870,000
Status: For Sale
- 9+ Beds
- 6 Baths
- Property Type: Residential (Multiplex)
- Property Taxes : $5001.64 (Tax Year:2024)
- Listing Courtesy : Royal Lepage In Touch Realty
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$870,000
Status: For Sale
Looking for a centrally located, purpose-built 5-plex in the heart of Midland? Look no further than this exceptional investment opportunity! This well-maintained building includes three 2-bed/1-bath units, one 1-bed/1-bath unit, and a spacious two-story 2-bed/2-bath landlord's unit, complete with its own driveway, garage, and large backyard. The three 2-bedroom units are vacant and primed for current market rentstwo have been recently renovated, while the third is awaiting final touches. The property also boasts a new roof (2024), several updated windows (2023), and convenient on-site coin laundry. Whether you're looking to rent out all five units for maximum income or prefer to live in the spacious landlord unit while renting out the remaining four for steady cash flow, this property offers incredible flexibility. Located just moments from downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools, and public transportation. With Midland's vibrant community and prime location, this building is an attractive rental option, ensuring steady income and long-term appreciation. Whether you're a seasoned investor or entering the real estate market, this low-maintenance, high-return property is a fantastic opportunity!
Property Type | :Residential |
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MLS Number | :S9509191 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :24 Oct, 2024 (7 Days ago) |
Source | :TRREB |
Area | :Simcoe |
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Postal Code | : L4R 4N7 |
Price | : $870,000 |
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Property Taxes | :$5001.64 |
Tax Year | :2024 |
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Bedrooms | :9 + |
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No. of Rooms | :25 |
Air Conditioning | :None |
Heating | :Water |
Place of Worship | :No |
Cross Street | :Yonge St and Borden St |
Bathrooms | :6 |
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Fuel | :Gas |
Virtual Tour | :Virtual Tour (External Link) |
Exterior Finish | :Brick |
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Parking Space | :4 |
Basement | :Full |
Garage | :Built-In |
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Laundry Level | :Lower |
24 Oct, 2024
TREB #S9509191
Listed
$870000.0