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6
BEDROOMS 3
BATHROOMS 3
KITCHENS 15
ROOMS S13624322
MLSID Contact Us
Property Description
Investment Opportunity - Recently Renovated Triplex turnkey investment opportunity in the heart of town! This well-maintained triplex has seen extensive updates, offering investors a low-maintenance property with strong income potential. 1- 3 bedroom unit, 1 - 2 bedroom unit, 1 - 1 bedroom unit. Each unit has been refreshed with modern finishes, including updated flooring, fresh paint, and bright, functional living spaces that appeal to today's tenants.The property features spacious units filled with natural light, updated kitchens, and renovated bathrooms, creating comfortable homes for long-term renters. A large front porch and upper balcony add valuable outdoor living space, while ample parking and a detached storage shed provide added convenience. Ideally situated within walking distance to downtown amenities, shopping, restaurants, parks, schools, and public transit, this centrally located property offers the convenience tenants are looking for.Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this versatile triplex is an opportunity you won't want to miss. With a lot of cosmetic updates already completed, all that's left to do is start collecting rent.
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Property Features
Separate Heating Controls, Private
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Property Details
Address
519 Yonge Street
Community
City
Postal Code
L4R 2C6
Property Type
Triplex, Triplex
Lot Size
62' x 113'
Taxes
$3,775 (2025
Basement
Full, Unfinished
Exterior
Porch, Year Round Living
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Royal Lepage In Touch Realty
INVESTMENT OPPORTUNITY | BUILD YOUR REAL ESTATE PORTFOLIO | Legal Triplex in Midland with three self-contained units. Two front units are heated by gas furnace that was updated in 2021 and the back unit has a gas fireplace and electric baseboard heat. With a new roof in 2022, on demand hot water and water softener - this is an ideal property to add to your real estate portfolio - or - start your new real estate portfolio with this triplex! Live in one unit, rent out the others to off-set your expenses and build equity! Don't miss out on this opportunity! The waterfront community of Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation, entertainment) and easy access to commuter routes.
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