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4 + 3
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 5
ROOMSS13556214
MLSIDContact Us
Property Description
Great value can be found in this well located West End Duplex which is vacant. Perfect opportunity for Investor to set own rents or for a Multi-Generational Family to occupy. The Main part of the home with full basement was built new in 2018 (original foundation not replaced). The main floor features: 4 Bedrooms * Open Concept Living/Dining/Kitchen with Walk out to deck and fenced yard * 2-4pc Bath * Laundry * Primary Bedroom Suite with Bedroom, Bath, Sitting area with Bar and Walk-Out to yard * Shared Parking. The full basement features: 3 Bedrooms * Open Concept Living/Dining/Kitchen * 4 pc Bath * Laundry * 2+ Car Parking off of Hugel Ave. There are 2 hydro meters. Located In North Simcoe and Offers So Much to Do - Boating, Fishing, Swimming, Canoeing, Hiking, Cycling, Hunting, Snowmobiling, Atving, Golfing, Skiing and Along with Theatres, Historical Tourist Attractions and So Much More. Only 5 Minutes to Penetang, 45 Mins to Orillia, 45 Minutes to Barrie and 90 Mins to GTA.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2018-03-21 | 2018-04-13 | 23 | $495,000 | $495,000 |
| 2013-10-26 | 2013-10-31 | 5 | $206,000 | $180,000 |
Property Features
Arts Centre, Fenced Yard, Hospital, Public Transit, Library, Marina, Accessory Apartment, Primary Bedroom - Main Floor, Private Double, Other
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Property Details
Address
282 Norene Street
Community
City
Postal Code
L4R 4C2
Property Type
Duplex, Duplex
Zoning
R3
Lot Size
64' x 100'
Taxes
$5,371 (2025
Basement
Apartment, Full, Separate Entrance, Finished
Exterior
Landscaped, Deck
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
5
Garage Type
Carport
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Listing contracted with Re/Max Georgian Bay Realty Ltd
Well-maintained Midland duplex , easy to rent and positive cash flow. Long-standing tenants who take evident care and upkeep of the property.Each unit offers a spacious and functional layout with a full kitchen, comfortable living area and in-suite laundry. Both units are currently rented on a month-to-month basis, providing flexibility for future adjustments.Current rental income:Upper unit: 3 bedrooms, $1,835.13/month. Lower unit: 2 bedroom, $1,635.86/month. Both inclusive. Total utility costs for 2025: Hydro $2,941.27; Gas $860.90; Water/Sewer $1,403.44; Hot Water Heater $369.68. An excellent opportunity for investors seeking a stable, income-generating property in a sought-after location. No internal photos for tenant privacy.
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