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$499,900Asking Price

538 NELSON Street, Midland, ON L4R 4W3

Midland, Midland

Duplex
2 + 3
Bedrooms
2
Baths
7
Parking
Days on Market

Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, youll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether youre a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, its a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other.

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Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, youll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether youre a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, its a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other.

Key Info

  • Bungalow Duplex
  • 4+ Parking
  • No Garage
  • Robert St & Nelson St
  • 700-1100 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • No Ensuite Laundry
  • Baseboard Electric Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,202 in 2024
  • Possession: Flexible

Details

  • Brick/Vinyl Siding Exterior
  • No Fireplace
  • 2 + 1 Kitchens
  •  
  • MLS #S12101174
  • Keller Williams Experience Realty

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.07' x 8.66'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom

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%