538 NELSON St

Midland | Midland | L4R 4W3
  • 2 + 3
  • 2
  • 0

$525,000

Est. Mtg $1,780 /mo
  • Days on market

    163

  • Status

    New

Listing Broker Keller Williams Experience Realty, Brokerage (255 King St)
Since listed: 1 views

Home details

MLS #:

S11822987

Property type:
Detached
Style:
Bungalow-Raised
Taxes:
$3,080
Possession:
Flexible
Lot Front:
66.61   Acres
Lot Depth:
82.28   Acres
Basement:
Finished | Full
Driveway Pkg:
7
Heat:
Electric | Baseboard

Description


538 NELSON St, , Midland, Ontario is a Detached property in Midland and in the Midland community in the L4R 4W3 postal code


Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, you'll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether you're a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, it's a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 2024-12 $525,000 $525,000 New S11822987
2024-12 $109,900 $109,900 S11854579

Comparables

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sold Date Address List Price sold Price DOM
2025-03 517 Queen St, $549,900 $525,000 6
2024-12 679 Aberdeen Blvd, $1,499,900 $1,330,000 169
2024-10 942 Jordeli Lane, $824,900 $790,000 44
2024-10 855 Birchwood Dr, $599,900 $550,000 42
2024-09 815 Montreal St, $649,900 $635,000 26
2024-09 818 Birchwood Dr, $529,900 $520,000 10
2024-09 918 Cynthia Crt, $699,000 $715,000 70
2024-08 274 Galloway Blvd, $569,900 $562,500 14
2024-08 300 Bay St, $529,900 $519,000 14
2024-08 405 Irwin St, $599,900 $565,000 14
2024-06 684 Bayview Dr, $510,000 $507,000 7
2024-06 318 Galloway Blvd, $515,000 $531,000 8
2024-04 670 Bayview Dr, $575,000 $560,000 27
2024-03 328 Galloway Blvd, $570,000 $570,000 6
2024-03 458 Midland Ave, $449,900 $425,169 14

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Midland :

Properties sold
Average sale price
New Listings
Year on Year Growth

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 538 NELSON St

Based on available 3rd party data

$2171

Approximate costs per month

Mortgage
$1780 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$256 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker Keller Williams Experience Realty, Brokerage (255 King St)
Data Source: TRREB

Payment calculator

$2036 monthly. In association with: TD Bank
%
  • Principal and Interest
    1780 /mo
  • Property Taxes
    $256 /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

Angela Aiello, Realtor

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