$599,000 FOR SALE

Detached

Bedrooms: 4Bathrooms: 3Lot: 80 x 60 ft

405 Bay Street
Midland, ON L4R 1K7

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* (id:47423)

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Listed By RE/MAX Georgian Bay Realty Ltd
Data Provided By OnePoint Association of REALTORS®
MLS® Listing Number S11892281
Last Updated Jan 08, 2025
Property Summary
Property Type Detached

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Community Midland
Price History
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Detailed Information
Bedrooms 4
Bathrooms 3
Lot 80 x 60 ft
Amenities Nearby Marina, Park, Public Transit, Schools
Equipment None
Features Sloping
Listing Contract Date 2024-12-12
Location Description NORTH ON KING ST - EAST ON BAY - BETWEEN QUEEN AND MANLY - SIGN ON
Ownership Type Freehold
# of Parking Spaces 2
Property Type Single Family
Rental Equipment None
Structures Porch, Patio(s)
Transaction Type For sale
Zoning Description R2
Building
Appliances Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Features Separate entrance, Walk-up
Basement Type N/A
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Aluminum siding
Flooring Type Carpeted, Vinyl, Laminate
Foundation Type Stone, Block
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1.5
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level2.84 m x 4.9 m
DenSecond level2.16 m x 2.79 m
Living roomLower level4.11 m x 3.25 m
KitchenLower level1.83 m x 2.36 m
Living roomMain level3.28 m x 4.17 m
KitchenMain level3.66 m x 2.49 m
BedroomMain level3.4 m x 2.9 m
BedroomMain level2.95 m x 3.28 m
BedroomMain level2.9 m x 3.66 m
Utilities
Type Description
CableAvailable
WirelessAvailable
Natural Gas AvailableAvailable
SewerInstalled
Land
Total Size 80 x 60 FT | under 1/2 acre
Access Type Year-round access
Amenities Marina, Park, Public Transit, Schools
Landscape Features Landscaped
Sewer Sanitary sewer
Size of Irregular Land 80 x 60 FT

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