$560,000
FOR SALE

Triplex Apartment

Bedrooms: 7Bathrooms: 3Lot: 50 x 164 ft
2025 Taxes: $3,860

203 Gianetto Dr
Midland, ON L4R 5J4 | Simcoe

Midland triplex offering strong rental income and positive cash flow. All units are currently tenanted on a month-to-month basis with tenants in good standing. Each unit has separate hydro meters. Steel roof. The building includes two 2-bedroom units and one 3-bedroom : Unit 1-2 bedrooms $1,144.31 pm (month to month); Unit 2-2 bedrooms$1,700pm (12 month lease to March 1st 2027); Unit 3-3 bedrooms $1,190.53 pm (month to month.) 2024 water costs total $754.97. The purchase also includes the adjacent vacant lot at 1108 Harbourview Drive, as the existing septic system services both properties. Future potential to sever and create a separate building lot if municipal sewers are extended to the property (buyer to complete their own due diligence). Excellent opportunity for investors seeking stable income with future development potential.
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Listed By RE/MAX By The Bay Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S12891894
Last Updated Mar 17, 2026
Property Summary
Property Type Triplex

More like this:
PIN 584530377
Legal Description LT 37 PL 472 TAY TOWN OF MIDLAND
Possession Date Flexible
Taxes (2025) $3,860
Directions/Cross Streets Harbourview Drive
Neighbourhood Midland
Area Simcoe
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 7
Bathrooms 3
Lot 50 x 164 ft
Exterior Vinyl Siding
Air Conditioning None
Basement Half
Garage Type None
Parking Spaces 6
Heat Source Electric
Heat Type Baseboard
Sewers Septic

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