$499,900
Available - For Sale
Listing ID: S12101174
538 NELSON Stre , Midland, L4R 4W3, Simcoe
| Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, youll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether youre a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, its a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other. |
| Price | $499,900 |
| Taxes: | $3202.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 538 NELSON Stre , Midland, L4R 4W3, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Robert St & Nelson St |
| Rooms: | 6 |
| Rooms +: | 6 |
| Bedrooms: | 2 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 16.99 | 15.25 | |
| Room 2 | Main | Dining Ro | 10.66 | 8.66 | |
| Room 3 | Main | Kitchen | 10.07 | 8.66 | |
| Room 4 | Main | Primary B | 13.91 | 11.91 | |
| Room 5 | Main | Bedroom | 12 | 10.5 | |
| Room 6 | Basement | Living Ro | 16.66 | 10.82 | |
| Room 7 | Basement | Kitchen | 10.82 | 8.07 | |
| Room 8 | Basement | Primary B | 16.83 | 10.82 | |
| Room 9 | Basement | Bedroom | 12.07 | 10.82 | |
| Room 10 | Basement | Bedroom | 11.68 | 7.58 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Duplex |
| Style: | Bungalow-Raised |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private, O |
| Drive Parking Spaces: | 7 |
| Park #1 | |
| Parking Type: | Private, O |
| Park #2 | |
| Parking Type: | Private |
| Park #3 | |
| Parking Type: | Other |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | Cul de Sac/D, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| Keller Williams Experience Realty |
|
|
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Simcoe |
| Municipality: | Midland |
| Neighbourhood: | Midland |
| Style: | Bungalow-Raised |
| Approximate Age: | 31-50 |
| Tax: | $3,202 |
| Beds: | 2+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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