Size
-
Lot size
-
Street frontage
-
Possession
Other
Price per sqft
$224 - $280
Taxes
$3,860 (2025)
Parking Type
-
Style
1 Storey/Apt
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Description
Midland triplex offering strong rental income and positive cash flow. All units are currently tenanted on a month-to-month basis with tenants in good standing. Each unit has separate hydro meters. Steel roof. The building includes two 2-bedroom units and one 3-bedroom : Unit 1-2 bedrooms $1,144.31 pm (month to month); Unit 2-2 bedrooms$1,700pm (12 month lease to March 1st 2027); Unit 3-3 bedrooms $1,190.53 pm (month to month.) 2024 water costs total $754.97. The purchase also includes the adjacent vacant lot at 1108 Harbourview Drive, as the existing septic system services both properties. Future potential to sever and create a separate building lot if municipal sewers are extended to the property (buyer to complete their own due diligence). Excellent opportunity for investors seeking stable income with future development potential.
Broker: RE/MAX By The Bay Brokerage
MLS®#: S12891894
Property details
Parking:
6
Parking type:
-
Property type:
Triplex
Heating type:
Baseboard
Style:
1 Storey/Apt
MLS Size:
2000-2500 sqft
Lot front:
50 Ft
Lot depth:
164 Ft
Listed on:
Mar 17, 2026
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Instant estimate:
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$37,913
lower than listed pricei
High
$552,472
Mid
$522,087
Low
$511,645
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