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*
Price
$599,000
Taxes:
$2872.00
Assessment:
$174000
Assessment Year:
2024
Address:
405 BAY St , Midland, L4R 1K7, Ontario
Lot Size:
80.00
x
60.00
(Feet)
Acreage:
< .50
Directions/Cross Streets:
NORTH ON KING ST - EAST ON BAY - BETWEEN QUEEN AND MANLY - SIGN ON
Rooms:
9
Rooms +:
3
Bedrooms:
4
Bedrooms +:
0
Kitchens:
1
Kitchens +:
1
Family Room:
N
Basement:
Sep Entrance, Walk-Up
Approximatly Age:
51-99
Property Type:
Detached
Style:
1 1/2 Storey
Exterior:
Alum Siding
Garage Type:
None
(Parking/)Drive:
Pvt Double
Drive Parking Spaces:
2
Pool:
None
Approximatly Age:
51-99
Approximatly Square Footage:
1500-2000
Property Features:
Arts Centre, Library, Marina, Park, Public Transit, School
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