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$599,900
Midland
282 Norene Street, Midland, Ontario, L4R4C2
This multi-family property in Midland is for sale offering roughly 1,300 sq ft of space.
Great value can be found in this well located West End Duplex which is vacant. Perfect opportunity for Investor to set own rents or for a Multi-Generational Family to occupy. The Main part of the home with full basement was built new in 2018 (original foundation not replaced). The main floor features: 4 Bedrooms * Open Concept Living/Dining/Kitchen with Walk out to deck and fenced yard * 2-4pc Bath * Laundry * Primary Bedroom Suite with Bedroom, Bath, Sitting area with Bar and Walk-Out to yard * Shared Parking. The full basement features: 3 Bedrooms * Open Concept Living/Dining/Kitchen * 4 pc Bath * Laundry * 2+ Car Parking off of Hugel Ave. There are 2 hydro meters. Located In North Simcoe and Offers So Much to Do - Boating, Fishing, Swimming, Canoeing, Hiking, Cycling, Hunting, Snowmobiling, Atving, Golfing, Skiing and Along with Theatres, Historical Tourist Attractions and So Much More. Only 5 Minutes to Penetang, 45 Mins to Orillia, 45 Minutes to Barrie and 90 Mins to GTA. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 115 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 is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $599,900, about 8.5× the local median household income of $70,500.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 66% 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.