$599,900
For sale: Multiplex

INVESTMENT OPPORTUNITY | BUILD YOUR REAL ESTATE PORTFOLIO | Legal Triplex in Midland with three self-contained units. Two front units are heated by gas furnace that was updated in 2021 and the back unit has a gas fireplace and electric baseboard heat. With a new roof in 2022, on demand hot water and water softener - this is an ideal property to add to your real estate portfolio - or - start your new real estate portfolio with this triplex! Live in one unit, rent out the others to off-set your expenses and build equity! Don't miss out on this opportunity! The waterfront community of Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation, entertainment) and easy access to commuter routes.
Sold data
Homes in Midland took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 66, across 69 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $569,900.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 69 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Midland has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$444,900
Multiplex642-644 BAY STREET, Midland, Midland

$595,000
Multiplex58 NOTTAWASAGA STREET, Orillia, Orillia

$549,900
Multiplex23 CARLTON ROAD, Cundles East, Barrie

$539,900
Townhouse146 VILLAGE GATE DRIVE, Wasaga Beach, Wasaga Beach

$564,900
Townhouse1018 COOK DRIVE, Midland, Midland

$529,900
Detached57 MARIA STREET, Penetanguishene, Penetanguishene

$449,000
Detached18 POYNTZ STREET, Penetanguishene, Penetanguishene

$538,930
Townhouse12 BEVERLY STREET, Elmvale, Springwater