224 4TH STREET, Midland, Ontario, L4R 3T5

MLS® # S12508488

Investment For Sale In Midland, Ontario

$550,000

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224 4Th Street, Midland, ON - Indoor Photo Showing Kitchen

224 4Th Street, Midland, ON - Indoor Photo Showing Dining Room

224 4Th Street, Midland, ON - Indoor Photo Showing Bedroom

224 4Th Street, Midland, ON - Indoor Photo Showing Other Room

224 4Th Street, Midland, ON - Indoor Photo Showing Kitchen With Double Sink

224 4Th Street, Midland, ON - Outdoor With Deck Patio Veranda With Exterior

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224 4TH STREET, Midland, Ontario, L4R 3T5

$550,000

Property Information:

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. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Basement Type: Crawl space
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Floor Space: 2000 - 2500 sqft
Foundation Type: Concrete, Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 3
Amenities Nearby: Hospital, Park, Schools
Community Features: Community Centre
Features: Flat site
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 100.0 Feet
Lot Frontage: 68.0 Feet
Lot Size: 68 x 100 FT ; 100.33ft x 69.15ft x 100.41ft x 69.59ft
Structure Type: Deck, Porch, Shed
Surface Water:
Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
Zoning: R2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Rooms:

5th Bedroom 3rd Level 6.47 m x 2.63 m
Bedroom 3rd Level 3.59 m x 3.58 m
Sun Room Main Level 1.92 m x 3.53 m
Bedroom Main Level 3.43 m x 3.32 m
Kitchen Main Level 3.56 m x 3.53 m
Dining Main Level 3.56 m x 3.32 m
Living Main Level 3.04 m x 2.83 m
Mudroom Main Level 2.67 m x 4.04 m
2nd Bedroom Main Level 2.73 m x 4.03 m
Kitchen Main Level 2.51 m x 3.51 m
Laundry Main Level 3.65 m x 2.82 m
3rd Bedroom Upper Level 3.09 m x 3.32 m
Kitchen Upper Level 2.94 m x 3.02 m
4th Bedroom Upper Level 4.66 m x 2.78 m
Dining Upper Level 1.90 m x 2.63 m
Sitting Upper Level 2.84 m x 2.71 m

Convert Measurement to:

Courtesy of: Keller Williams Co-Elevation Realty, Brokerage

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Market Price Trends

All Properties

4.41%

Price change (1 year)

50.64%

Price change (5 years)

Location of 224 4TH STREET, Midland, Ontario, L4R 3T5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 224 4TH STREET , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past

30.3℃

2050

33.8℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 224 4TH STREET , experiences 11 significant 2-day storms per year, with about 319.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 406mm of precipitation per year.

Precipitation Per Storm

Past

319.4mm

2050

406mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 224 4TH STREET, Midland, Ontario, L4R 3T5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,249.69

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.17 %

High school certificate or equivalent

33.84 %

Apprenticeship trade certificate/diploma

8.23 %

College/non-university certificate

23.24 %

University certificate (below bachelor)

0.06 %

University Degree

12.45 %

Commuter

Travel To Work

By Car

71.61 %

By Public Transit

0.0 %

By Walking

23.05 %

By Bicycle

0.02 %

By Other Methods

5.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.85 %

Houses

53.15 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

Convert Measurement to:

Market Price Trends

All Properties

Location of 224 4TH STREET, Midland, Ontario, L4R 3T5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 224 4TH STREET, Midland, Ontario, L4R 3T5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

224 4TH STREET, Midland, Ontario, L4R 3T5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing