Home with brick exterior material, street for 579 Wayne Cres, Midland Ontario L4R 5E2
37 days on Market

579 Wayne Cres, Midland, Ontario L4R 5E2

Townhouse
3 + 2
2
~700-1100 sqft
$525,000
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Townhouse
3 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market37 days

Estimated valueNot available

Price/Sqft$614/sqft

Monthly cost

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Description

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.


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size4,952 SqFt(98.59 x 50.23)
Parking Spaces2
MLS ®NumberS13061040
Community NameMidland
Data SourceTRREB
Listing byRE/MAX By The Bay Brokerage

Features

Heating: Forced Air
Basement: Sep Entrance, Full

Features

Lot size: 4,952 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Apr 30, 2026
ListedActive
$525,000
37 days on market
history photo preview2
Listing by trreb®
Property listed by RE/MAX By The Bay Brokerage, Brokerage
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Market Data - Midland

Geo Zone Map ThumbnailMidland

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2025

72 days

2024

0 day

2023

22 days

New Listings

Past 30 days

8 listings

Compared to

2025

15 listings

2024

12 listings

2023

4 listings

Units sold

Past 30 days

1 unit

Compared to

2025

4 units

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$475,000

Compared to

2025

$615,000

2023

$579,000


Population and Demographics

Overview

Total population 17454
Average household income $98,966

Age (%)

0 to 19
18%
20 to 34
16%
35 to 49
16%
50 to 64
22%
65 and plus
28%

Household composition (%)

Single family
61%
Single person
33%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
91%
French
3%
Others
3%
German
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget