4 Beds 3 Bath

405 BAY Street, Midland, ON L4R 1K7

Midland L4R 1K7 Ontario

MLS: S11892281

$580,000

Added 43 days ago | For Sale

Listed by: RE/MAX Georgian Bay Realty Ltd

About Property

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*

Features

  • House Style:Detached
  • Bathrooms:3
  • Land Size: 80 X 60
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:NORTH ON KING ST - EAST ON BAY - BETWEEN QUEEN AND MANLY - SIGN ON
  • Basement:Walk-Up,Separate Entrance , Walk-Up,Separate Entrance
  • Possession Date:Flexible
  • Annual Property taxes: $2872
  • Bedrooms:4
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:S11892281

Level Type Features Dimensions
Main Living Room Broadloom 10 ft, 9 in x 13 ft, 8 in
Kitchen Vinyl Floor 12 ft x 8 ft, 2 in
Bedroom Laminate 11 ft, 2 in x 9 ft, 6 in
Bedroom Broadloom 9 ft, 8 in x 10 ft, 9 in
Bedroom Laminate 9 ft, 6 in x 12 ft
Second Primary Bedroom Broadloom 9 ft, 4 in x 16 ft, 1 in
Den Broadloom 7 ft, 1 in x 9 ft, 2 in
Lower Living Room Laminate 13 ft, 6 in x 10 ft, 8 in
Kitchen Laminate 6 ft x 7 ft, 9 in

No property rooms available.

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