23 days on Market

351 Borden St, Midland, Ontario L4R 4N7

$870,000
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Townhouse
9
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,736/mo

Tax Amount (2024)$5,002/yr

Days On Market23 days


Description

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!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size8,754 SqFt(125.07 x 70)
Parking Spaces5
MLS ®NumberS9509191
Community NameMidland
Data SourceTRREB

Features

Heating: Water
Basement: Full

Features

Lot size: 8,754 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 4

Total parking spaces 5


Property History

Now
ListedFor Salefor$870,000Active
23 days on market
Listing by trreb®
history photo preview33
Now
ListedFor Salefor$870,000Active
25 days on market
Listing by itso®
history photo preview34
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Property listed by ROYAL LEPAGE IN TOUCH REALTY, Brokerage
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