405 BAY Street Image 1

$580,000

$599,000
3.2% dropped

Last price change Mar 13

Dec 13, 2024Detached For Sale
bedrooms4bed
washrooms6bath
MLS - #S11892281

405 BAY Street, Midland, ON L4R 1K7

4
Similar Homes Found
$929,672
Average Price
-37.6%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Detached

Lot size

< .50 acres

Style

1 1/2 Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room3.28 x 4.17 mBroadloomMain
Kitchen3.66 x 2.49 mVinyl FloorMain
Bedroom3.4 x 2.9 mLaminateMain
Bedroom2.95 x 3.28 mBroadloomMain

About 405 BAY Street

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. 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*

Home Overview

Last updated

Mar 13

Virtual tour

None

Basement information

Walk-Up, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX Georgian Bay Realty Ltd

Additional Details

Basement:Walk-Up, Separate Entrance
Cooling:Central Air
Heating:Forced Air
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2215.21/ month
$464,000 Principal and Interest
$556,800 Property Taxes

Location

Walking Icon

Walk Score for 405 BAY Street

Some information about this property - BAY Street

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