579 Wayne Crescent, Midland, ON L4R 5E2
$525,000
$525,000

579 Wayne Crescent

Midland, Midland, Simcoe $525,000

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5 Beds
2 Baths
700-1100 sqft
Parking for 2
South Facing
MLS®#:
S13061040
Property Type:
Duplex
Property Style:
Bungalow-Raised
Area:
Simcoe
Community:
Midland
Taxes:
$3,707 / 2025
Added:
April 29 2026
Lot Frontage:
50.23
Lot Depth:
98.59
Status:
Active
Outside:
Brick Front,Vinyl Siding
Year Built:
Basement:
Separate Entrance,Full,Finished
Brokerage:
RE/MAX By The Bay Brokerage
Lot :

98

50

Intersection:
Galloway Blvd
Rooms:
Bedrooms:
5
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Heating Fuel:

Listing Details

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.

2 x Frideg, 2 x Stove, 2 x Washer, 2 x Dryer

Insights

  1. Strong Rental Income: The property generates a total monthly rental income of $3,471.00 from two well-maintained units, providing a solid cash flow for investors.
  2. Spacious Duplex Layout: Each unit features a functional layout with ample space, including a full kitchen and in-suite laundry, making it attractive for tenants and enhancing rental demand.
  3. Flexible Rental Terms: Both units are currently on a month-to-month lease, offering potential buyers the flexibility to adjust rental terms or occupy one of the units in the future.

Sale/Lease History of 579 Wayne Crescent

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Neighborhood Overview

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Midland home prices

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Insights for 579 Wayne Crescent

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)