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$634,999
Midland
121 Seventh Street, Midland, Ontario, L4R3Y9
This multi-family property in Midland is for sale offering roughly 2,250 sq ft of space. It has been on the market 25 days, fresher than the Midland average of 99 days.
WELCOME TO 121 SEVENTH ST, LEGAL DUPLEX WITH 7 BEDROOMS, 4 BATHROOMS & IN-GROUND POOL. This Is An Excellent Opportunity To Own A Spacious Legal Duplex On An Impressive 50 X 200 Ft Lot In Midland. This Versatile Property Offers Two Completely Separate Units, Making It Ideal For Investors, Extended Families, Or Buyers Looking To Live In One Unit While Generating Rental Income From The Other. The Main-Floor Unit Features 3 Bedrooms And 2 Bathrooms, While The Fully Renovated Upper-Floor Unit Offers 4 Bedrooms And 2 Bathrooms, Providing Excellent Space And Flexibility For Both Occupants. Each Unit Is Separately Equipped With Its Own Hydro Meter Furnace And Air-Conditioning System, Offering Independent Utilities And Added Convenience For Bot Tenants And Owners. Enjoy The Outdoors With A Private In-Ground Swimming Pool And An Exceptionally Deep 200-Foot Lot, Offering Plenty Of Space For Recreation, Entertaining And Future Possibilities. The Property Combines Strong Income Potential With The Flexibility Of A Multi-Generational Or Owner-Occupied Investment. Located In A Desirable Midland Neighborhood, Close To Local Amenities, Schools, Shopping, Parks And Recreational Opportunities. A Rare Legal Duplex Offering 7 Bedrooms, 4 Bathrooms, Separate Utilities And An In-Ground Pool On A 50 X 200 Ft Lot. Excellent Investment And Family Opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 25 days on market, against an average age of 99 days across the listings currently for sale in this city
This 7-bed multi-family in Midland has been listed for 25 days, which is 74 days fresher than the city average of 99. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $634,999, about 9.0× the local median household income of $70,500.
Carrying it typically needs a household income of about $124,038 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.