For Sale: 579 Wayne Crescent, Midland, ON - REW
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$525,000
5 bd • 2 ba • 700 - 1099 sf • Multifamily
579 Wayne Crescent
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$525,000
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579 Wayne CrescentMidland, ON, L4R 5E2

  • 5 Bed
  • 2 Bath
  • 700 - 1099 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: ANDREW MCKAY, Salesperson, RE/MAX By The Bay Brokerage

Home facts and features

Price details
List Price
$525,000
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Gross Taxes for 2025
$3,707
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Depth
98.6 feet
Frontage
50.2 feet
Style
Raised bungalow
Exterior Finish
Vinyl siding, Brick Facing
Heating Type
Forced air, Natural gas
Basement Details
Finished, Full, Separate entrance, ,
Features
In-Law Suite
Appliances
Dryer, Stove, Washer
Agent details
Primary Agent
ANDREW MCKAY
Primary Broker
RE/MAX By The Bay Brokerage
Listing details
Days on REW
82 Days
MLS® Number
S13061040
Source
Canadian Real Estate Association
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Property Insights

Huron Park Public School
  • Public
  • JK - 8
St Theresa's School
  • Catholic
  • 9 - 12
Sacred Heart School
  • Catholic
  • JK - 8
Mundy's Bay Elementary Public School
  • Public
  • JK - 8
Georgian Bay District Secondary School
  • Public
  • 9 - 12
Bayview Public School
  • Public
  • JK - 8
Monsignor Castex School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
ANDREW MCKAY
Phone:
(705) 441-3179
Cell:
705-441-3179
Office:
705-429-4500
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