$550,000
Available - For Sale
Listing ID: S12508488
224 4th Street , Midland, L4R 3T5, Simcoe
| 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. |
| Price | $550,000 |
| Taxes: | $4358.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 224 4th Street , Midland, L4R 3T5, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Bay St/4th |
| Rooms: | 19 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Crawl Space |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Sunroom | 6.3 | 11.58 | |
| Room 2 | Main | Bedroom | 11.25 | 10.89 | |
| Room 3 | Main | Kitchen | 11.68 | 11.58 | |
| Room 4 | Main | Dining Ro | 11.68 | 10.89 | |
| Room 5 | Main | Living Ro | 9.97 | 9.28 | |
| Room 6 | Main | Mud Room | 8.76 | 13.25 | |
| Room 7 | Main | Bedroom 2 | 8.95 | 13.22 | |
| Room 8 | Main | Kitchen | 8.23 | 11.51 | |
| Room 9 | Main | Laundry | 11.97 | 9.25 | |
| Room 10 | Upper | Sitting | 9.32 | 8.89 | |
| Room 11 | Upper | Bedroom 3 | 10.14 | 10.89 | |
| Room 12 | Upper | Kitchen | 9.64 | 9.91 | |
| Room 13 | Upper | Bedroom 4 | 15.28 | 9.12 | |
| Room 14 | Upper | Dining Ro | 6.23 | 8.63 | |
| Room 15 | Third | Bedroom 5 | 21.22 | 8.63 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 4 | Upper |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Main |
| Washroom Type 8 | 4 | Upper |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Duplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Garden Shed |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Hospital, Lake/Pond |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Keller Williams Co-Elevation Realty, Brokerage |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Simcoe |
| Municipality: | Midland |
| Neighbourhood: | Midland |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $4,358 |
| Beds: | 6 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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