Home with brick exterior material, street for 579 Wayne Cres, Midland Ontario L4R 5E2
73 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 market73 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
73 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

26 days

Compared to

2025

27 days

2024

26 days

2023

20 days

New Listings

Past 30 days

12 listings

Compared to

2025

8 listings

2024

9 listings

2023

10 listings

Units sold

Past 30 days

1 unit

Compared to

2025

3 units

2024

3 units

2023

1 unit

Median Sold Price

Past 30 days

$540,000

Compared to

2025

$512,500

2024

$542,500

2023

$595,000


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