Midland L4R 2W9

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C699,000
($506,740)
(€434,679)
Annual Taxes:C3,500
505 Park Ave, New York, NY 10022

Description

Perfect Starter Home with Rental Income! This low-maintenance legal duplex, built in 1989, is ideal for first-time buyers looking to live and earn. With over $70,000 in cosmetic upgrades, its move-in ready and designed to offset your living costs with rental income. The upper unit, fully renovated in 2021 and currently vacant, features 3 bright bedrooms, 1 bath, over 1,000 sq. ft. of living space, a large kitchen with breakfast area, in-suite laundry, and central air perfect for your own home. The lower unit, recently updated in July 2025 (approx. 870 sq. ft.), offers 2 bedrooms, 1 bath, a generous kitchen with breakfast area, in-suite laundry, and central heating, and is currently rented, providing instant income. Both units enjoy private driveways, separately metered utilities, and exterior wired security cameras. Outdoors, there's a deck and potential space to add a garden suite for extra revenue. Located close to the waterfront and downtown strip, all essential amenities are just minutes away, and Balm Beach is only a 15-minute drive. Whether you choose to rent both units or live upstairs while renting the lower unit, this duplex offers flexibility, income potential, and a great opportunity for first-time buyers to step into homeownership with confidence.

Amenities

  • Separate Heating Controls
  • Separate Hydro Meter

Perfect Starter Home with Rental Income !


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.