679 Montreal Street

Legal Duplex in Midland - Excellent Opportunity for Investors or Owner-Occupiers! A combination of space, flexibility and income potential, this legal duplex in Midland is an excellent opportunity for investors or buyers looking to offset their mortgage with rental income.Conveniently located in an established neighbourhood close to the Catholic high school. Four bedrooms in the upper unit and three bedrooms in the lower unit. Recently completed approximately $25,000 in renovations in the upper vacant unit. The new owner to move in immediately or select their own tenant. Estimated market rent for this unit is approximately $2,600 per month inclusive.The lower unit is occupied by an excellent long-term tenant on a month-to-month tenancy, currently paying $1,835 per month inclusive. With both units rented at the current and estimated rates, the property offers potential gross rental income of $4,435 per month, or $53,220 annually.For buyers considering the investment potential, the property has an established rental history. Total utility costs for 2025, when both units were occupied, were $7,967, including hydro ($3,327), gas ($1,126), water and sewer ($1,468), and hot water heater, (approx $400.00).Whether you're an investor looking to expand your portfolio or a homeowner seeking the financial benefits of a second rental unit, this legal duplex offers versatility, established income and the opportunity to generate additional revenue from day one.

Attention investors and homebuyers! Looking for an investment with real cash-flow potential? Look no further!Welcome to 154 Fifth Street in Midland-a legal duplex offering flexibility, excellent income potential, and vacant possession.The property features a one-bedroom unit that recently rented for $1,615 per month and a two-bedroom unit that rented for $1,850 per month, with tenants responsible for all utilities in addition to their monthly rent.Vacant possession gives you the flexibility to set your own rents, choose your own tenants, move into one unit while renting the other to help offset your mortgage, or accommodate extended family.Each self-contained unit has its own driveway, hydro meter, in-suite laundry and storage shed, providing added convenience and privacy. Ideally located within walking distance of downtown Midland and the waterfront trail, residents can enjoy easy access to local shops, restaurants and beautiful Georgian Bay.Whether you're looking to expand your investment portfolio, reduce your housing costs or explore a multi-generational living arrangement, this versatile property offers plenty of possibilities!

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.