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$539,900
Midland
226 Queen Street, Midland, Ontario, L4R3H1
This multi-family property in Midland is for sale offering roughly 1,750 sq ft of space. It has been on the market 26 days, fresher than the Midland average of 99 days.
LEGAL TRIPLEX | INVESTMENT | MIDLAND - Legal triplex in Midland with three self-contained units. Two front units are heated by gas furnace that was updated in Dec 2021 and the back unit has a gas fireplace and electric baseboard heat. With a new roof in 2022, on demand hot water and water softener this is an ideal property to add to your investment portfolio - or - start your new real estate portfolio with this triplex! Don't miss out on this opportunity! The waterfront community of Midland offers outstanding all season recreation, key amenities (shopping, services, fine and casual dining, recreation and entertainment) and easy access to commuter routes. Convenience of appliances, full bath, laundry and parking for each unit. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 26 days on market, against an average age of 99 days across the listings currently for sale in this city
This 6-bed multi-family in Midland has been listed for 26 days, which is 73 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 $539,900, about 7.7× the local median household income of $70,500.
Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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