351 Borden St

Midland | Midland | L4R 4N7
  • 9
  • 6
  • 0

Ask: $870,000 $849,900

Est. Mtg $2,881 /mo
  • Days on market

    32

  • Status

    Pc

Listing Broker ROYAL LEPAGE IN TOUCH REALTY
Since listed: 0 views

Home details

MLS #:

S9509191

Property type:
Multiplex
Style:
2-Storey
Taxes:
$5,002
Possession:
Flexible
Lot Front:
70.0   Feet
Lot Depth:
125.07   Feet
Basement:
Full |
Driveway Pkg:
4
Heat:
Gas | Water

Description


351 Borden St, , Midland, Ontario is a Multiplex property in Midland and in the Midland community in the L4R 4N7 postal code


Looking for a centrally located, purpose-built 5-plex in the heart of Midland? Look no further than this exceptional investment opportunity! This well-maintained building includes three 2-bed/1-bath units, one 1-bed/1-bath unit, and a spacious two-story 2-bed/2-bath landlord's unit, complete with its own driveway, garage, and large backyard. The three 2-bedroom units are vacant and primed for current market rentstwo have been recently renovated, while the third is awaiting final touches. The property also boasts a new roof (2024), several updated windows (2023), and convenient on-site coin laundry. Whether you're looking to rent out all five units for maximum income or prefer to live in the spacious landlord unit while renting out the remaining four for steady cash flow, this property offers incredible flexibility. Located just moments from downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools, and public transportation. With Midland's vibrant community and prime location, this building is an attractive rental option, ensuring steady income and long-term appreciation. Whether you're a seasoned investor or entering the real estate market, this low-maintenance, high-return property is a fantastic opportunity!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-10 2024-11 $870,000 $849,900 Pc S9509191

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Midland :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 351 Borden St

Based on available 3rd party data

$3433

Approximate costs per month

Mortgage
$2881 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$416 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE IN TOUCH REALTY
Data Source: TRREB

Payment calculator

$3298 monthly. In association with: TD Bank
%
  • Principal and Interest
    2881 /mo
  • Property Taxes
    $416 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Rena Alessa, Realtor

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