Legal Midland Duplex with Strong Income Potential - Ideal for Investors or Owner-Occupiers. This legal duplex is located in a convenient Midland neighbourhood, close to the Catholic high school. One of the property's standout features is its rare and desirable layout. The main floor offers 4 bedroom...s, while the lower unit provides 3 bedrooms, making it an excellent option for larger families and helping maximize rental appeal.The lower unit is occupied by an excellent long-term tenant on a month-to-month lease, currently paying $1,835 per month inclusive.The upper unit has recently undergone approximately $25,000 in renovations and is vacant, giving buyers flexibility from day one. Move in yourself and enjoy the rental income from the lower unit or rent the upper unit to take advantage of an estimated market rent of approximately $2,600 per month inclusive.The property has a proven rental history, and the 2025 utility costs while both units were occupied totalled $7,967, broken down as follows:Hydro $3,327; Gas $1,126Water & Sewer $1,468; Hot Water Heater Rental $2,045. Whether you are looking to live in one unit while generating rental income from the other or add a legal duplex with strong income potential to your investment portfolio, this is a property well worth considering.
Full Property Details
Interior
Bedrooms
4
Bedrooms Plus
3
Total Bedrooms
7
Washrooms
2
Square Footage
1100-1500 sqft
Basement
Finished,Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
No
Bedrooms
4
Bedrooms Plus
3
Total Bedrooms
7
Washrooms
2
Square Footage
1100-1500 sqft
Basement
Finished,Full
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
No
Exterior
Depth
101.0
Front
51.3
Lot Size
51 x 101.0 ft
Pool
None
Parking Spaces
3
Total Parking Spaces
3.00
Parking Description
Attached
Garage Spaces
1
Depth
101.0
Front
51.3
Lot Size
51 x 101.0 ft
Pool
None
Parking Spaces
3
Total Parking Spaces
3.00
Parking Description
Attached
Garage Spaces
1
Building Description
Style
Bungalow-Raised
Home Type
Apartment
Subtype
Duplex
Property Orientation
North
Exterior Finish
Brick Front,Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
Bungalow-Raised
Home Type
Apartment
Subtype
Duplex
Property Orientation
North
Exterior Finish
Brick Front,Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Midland
Community
Midland
Taxes & Fees
Taxes
$4,067 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$4,067 /yr
Tax Year
2025
Occupancy
Tenant
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