Home ›Listings ›Midland ›S13061040

579 Wayne Crescent Midland ON

📍 Midland, Ontario L4R 5E2

$525,000

Active
5BEDS
2BATHS
2PARKING
2KITCHENS
50.23×98.59LOT (FT)

📋 Listing Highlights

StatusActive
MLS®S13061040
ListedApr 30, 2026
Days on Market—
Property TypeResidential Freehold
StyleDuplex
Cross StreetPCL 38-1 SEC 51M454; LT 38 PL 51M454 MIDLAND; MIDLAND
PossessionTBA

📝 Listing Description

Well-maintained Midland duplex , easy to rent and positive cash flow. Long-standing tenants who take evident care and upkeep of the property.Each unit offers a spacious and functional layout with a full kitchen, comfortable living area and in-suite laundry. Both units are currently rented on a month-to-month basis, providing flexibility for future adjustments.Current rental income:Upper unit: 3 bedrooms, $1,835.13/month. Lower unit: 2 bedroom, $1,635.86/month. Both inclusive. Total utility costs for 2025: Hydro $2,941.27; Gas $860.90; Water/Sewer $1,403.44; Hot Water Heater $369.68. An excellent opportunity for investors seeking a stable, income-generating property in a sought-after location. No internal photos for tenant privacy.

🏠 Property Details

Property TypeResidential Freehold
StyleDuplex
Bedrooms5
Bathrooms2
Kitchens2

📐 Lot & Land

Lot Width50.23 ft
Lot Depth98.59 ft
Cross StreetPCL 38-1 SEC 51M454; LT 38 PL 51M454 MIDLAND; MIDLAND

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingNone
BasementSeparate Entrance, Full, Finished
GarageNone
Parking2
ConstructionBrick Front, Vinyl Siding
RoofAsphalt Shingle

💰 Financial

List Price$525,000
Annual Taxes$3,707 (2025)
PossessionTBA

🧮 Mortgage Calculator

$105,000
Est. Monthly Payment
$2,579/mo
Principal: $420,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX By The Bay BrokerageData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #S13061040 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.