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$724,900Asking Price

230 Queen Street, Midland, ON L4R 3H1

Midland, Midland

Triplex
5
Bedrooms
3
Baths
3
Parking
Days on Market

Add this legal triplex to your real estate portfolio! New to the market - this is a great income property to start with. Opportunity to combine this purchase with 226 Queen St and acquire a commercial mortgage. Fully detached, legal triplex in Midland with two units - 2 bed, kitchen, bath and one unit - 1 bed, kitchen, bath. Appliances included as shown. Convenience of laundry in each unit, and parking onsite. This one is the ideal starting place for new investors or for the seasoned investor looking for an easy triplex to add to their portfolio. Rent earns approximately $47,000 gross per year. Don't miss out on this opportunity! Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. **EXTRAS** Each unit is supplied with appliances, laundry, onsite parking. Central location with easy access to key amenities, transportation routes.

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Add this legal triplex to your real estate portfolio! New to the market - this is a great income property to start with. Opportunity to combine this purchase with 226 Queen St and acquire a commercial mortgage. Fully detached, legal triplex in Midland with two units - 2 bed, kitchen, bath and one unit - 1 bed, kitchen, bath. Appliances included as shown. Convenience of laundry in each unit, and parking onsite. This one is the ideal starting place for new investors or for the seasoned investor looking for an easy triplex to add to their portfolio. Rent earns approximately $47,000 gross per year. Don't miss out on this opportunity! Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. **EXTRAS** Each unit is supplied with appliances, laundry, onsite parking. Central location with easy access to key amenities, transportation routes.

Key Info

  • 2-Storey Triplex
  • 3 Parking
  • No Garage
  • KING STREET, EAST ON DOMINION AND LEFT ON QUEEN
  • 1500-2000 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,440 in 2024
  • Possession: Flexible

Details

  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #S11933689
  • RE/MAX HALLMARK CHAY REALTY

Extras

Room Floor Dimensions Details
Washroom3 4-Piece Bathrooms

Who lives here?

Midland, Midland is a north GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Midland  (0.9)

Singles

47% of residents are
single and loving it.

47% singles

Midland (47%)

Renters

34% of residents
are renters.

34% renters

Midland (34%)

Education

17% of residents are
university grads.

17% university grads

Midland (17%)

Income

Average Household Income

$82K

is the average household
income in the neighbourhood.

Midland  ($82K)

Professions

Professions

Sales 15%
Trades 9%
Government 7%
Business 6%
Health 5%

Immigrants

9% of residents were
born outside of Canada.

9% immigrants

Midland (9%)

Birthplace - All

UK was once home to 2.3% of immigrants.
Germany 1.0%
USA 0.7%
Philippines 0.5%
China 0.5%

2.3% from UK
All-time

Birthplace - Recent

UK was once home to 0.1% of immigrants.
China 0.1%
Philippines 0.1%
USA 0.1%
India 0.1%

0.1% from UK
Recent

Foreign Languages

Foreign Languages

French 4%
German 2%

Religions

Religions

Christian 75%