$849,900
Available - For Sale
Listing ID: S9509191
351 Borden St , Midland, L4R 4N7, Ontario
| Looking for a centrally located, purpose-built 5-plex in the heart of Midland? Look no further than this exceptional investment opportunity! This well-maintained building includes three 2-bed/1-bath units, one 1-bed/1-bath unit, and a spacious two-story 2-bed/2-bath landlord's unit, complete with its own driveway, garage, and large backyard. The three 2-bedroom units are vacant and primed for current market rentstwo have been recently renovated, while the third is awaiting final touches. The property also boasts a new roof (2024), several updated windows (2023), and convenient on-site coin laundry. Whether you're looking to rent out all five units for maximum income or prefer to live in the spacious landlord unit while renting out the remaining four for steady cash flow, this property offers incredible flexibility. Located just moments from downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools, and public transportation. With Midland's vibrant community and prime location, this building is an attractive rental option, ensuring steady income and long-term appreciation. Whether you're a seasoned investor or entering the real estate market, this low-maintenance, high-return property is a fantastic opportunity! |
| Price | $849,900 |
| Taxes: | $5001.64 |
| Address: | 351 Borden St , Midland, L4R 4N7, Ontario |
| Lot Size: | 70.00 x 125.07 (Feet) |
| Directions/Cross Streets: | Yonge St and Borden St |
| Rooms: | 25 |
| Bedrooms: | 9 |
| Bedrooms +: | |
| Kitchens: | 5 |
| Family Room: | N |
| Basement: | Full |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Built-In |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Water |
| Central Air Conditioning: | None |
| Laundry Level: | Lower |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE IN TOUCH REALTY |
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Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Simcoe |
| Municipality: | Midland |
| Neighbourhood: | Midland |
| Style: | 2-Storey |
| Lot Size: | 70.00 x 125.07(Feet) |
| Tax: | $5,001.64 |
| Beds: | 9 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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