$525,000

FOR SALE

Duplex Bungalow-Raised

Bedrooms: 5Bathrooms: 2Lot: 50.23 x 98.59 ft
2025 Taxes: $3,707

579 Wayne Cres
Midland, ON L4R 5E2 | Simcoe

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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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In-Law Suite

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Listed By	RE/MAX By The Bay Brokerage
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	S13061040
Last Updated	May 10, 2026

Property Summary

Property Type	Duplex More like this: Midland Duplex for Sale
PIN	584710239
Legal Description	PCL 38-1 SEC 51M454; LT 38 PL 51M454 MIDLAND; MIDLAND
Possession Date	TBA
Taxes (2025)	$3,707
Directions/Cross Streets	Galloway Blvd
Neighbourhood	Midland
Area	Simcoe

Price History

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Detailed Information

Fronting On	South
Special Designations	Unknown
Bedrooms	5
Bathrooms	2
Lot	50.23 x 98.59 ft
Exterior	Brick Front
Air Conditioning	None
Basement	Separate Entrance, Full, Finished
Garage Type	None
Parking Spaces	2
Heat Source	Gas
Heat Type	Forced Air
Sewers	Sewer

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