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This legal duplex offers a rare opportunity to generate steady rental income with three fully self-contained units, perfectly situated in Midland's vibrant downtown core. The property includes a bright and spacious 1-bedroom, 1-bath main floor unit with on-site laundry; a second main floor unit offering 2 bedrooms and 1 bath; and a well-appointed upper-level unit with 2 bedrooms, 1 bath, a bonus den, and its own laundry facilities. With a smart layout and private living spaces, this home caters perfectly to the needs of todays renters. Outside, the partially fenced backyard offers a shared outdoor area, while two separate driveways provide ample parking for tenants. Located just minutes from Georgian Bay, marinas, downtown shops and restaurants, and all essential amenities, this property is a fantastic option for those looking to invest in a high-demand rental market. Whether you're expanding your portfolio or entering the investment space for the first time, this property offers immediate income potential and long-term value. Take possession any time this is a rare find in one of Midlands most sought-after locations.
3 Fridges, 3 Stoves, 2 Stackable Washer/Dryer, 1 Washer, 1 Dryer
City: Midland
Neighborhood: Midland
Purchase Price | $599000 |
Down Payment | $119800 |
Mortgage Insurance | $0 |
Total Mortgage | $479200 |
Mortgage Payment | $2953 |
Property Taxes | $363 |
Maintenance Fees | $0 |
Monthly Payment | $3316 |
Located at 224 4th St , this Midland house is available for sale. This property was listed for $599,000 on Thu Jul 31 2025. This house's size is 2000-2500 Sqft. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: Sunroom, Br, Kitchen, Dining, Living, Mudroom, 2nd Br, Kitchen, Laundry, Sitting, 3rd Br, Kitchen, 4th Br, Dining, 5th Br, Br. This property comes with 6 parking spots. 224 4th St, Midland is situated in the Midland neighbourhood.
MLS#: S12317980 · $599,000 · 6 bedroom house in Midland, Midland