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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$599,000
Available - For Sale
Listing ID: S12317980
224 4th Stre , 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 $599,000
Taxes: $4358.00
Assessment Year: 2024
Occupancy: Tenant
Address: 224 4th Stre , 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
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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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Keller Williams Co-Elevation Realty, Brokerage
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
 
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At a Glance:
Type: Freehold - Duplex
Area: Simcoe
Municipality: Midland
Neighbourhood: Midland
Style: 2 1/2 Storey
Lot Size: x 100.00(Feet)
Approximate Age: 100+
Tax: $4,358
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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