Great value can be found in this spacious home with income potential, located just steps to downtown, waterfront park, rotary trail, and many other conveniences. This well-kept home features: 4 Bdrms * 2.5 Baths * Main Floor Laundry * Rec Rm W/ Bar Area * Over 1900ft2 of Finished Space * Gas Furnace 2018 * Central Air 2021 * Shingles 2021 * Many Other Improvements * Currently Set Up As 2 Front and Back Apartments: Front unit is 2 Bedroom + Den and Back unit is 2 Bedroom. Home is not a registered duplex. The current rents are approx $25,200/yr for front unit (will be vacant March 1, 2025) and $21,000/yr for back unit (will be vacant January 1, 2025). New owner can set new rents once vacant. It can easily be converted back to a single family home by opening a doorway. Great home for large family, room for in-laws / Adult Children or great opportunity for rental income. *Photos are from Spring of 2022* (id:4069)
Address
405 BAY STREET
List Price
$599,000
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Midland
Bedrooms
4
Bathrooms
3
Floor Area
1,500 Sq. Ft.
Lot Size
80 x 60 FT Sq. Ft.
MLS® Number
S11892281
Listing Brokerage
RE/MAX Georgian Bay Realty Ltd
Basement Area
N/A
Postal Code
L4R1K7
Zoning
R2
Site Influences
Marina, Park, Public Transit, Schools
Features
Sloping
