43
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$639,000
Est. payment /mo
5 Beds
2 Baths
New
290 George ST Midland, ON L4R 2W9
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Midland
MLS Listing ID S12731804
Style Bungalow-Raised
Bedrooms 5
Annual Tax Amount $3,600
Tax Year 2025
Property Sub-Type Duplex
Property Description
Perfect First Home With Built-In Income Potential Looking for a smart way to get into the market? This legal, low-maintenance duplex is an ideal opportunity for first-time buyers who want flexibility, comfort, and help with the monthly costs. Built in 1989 and thoughtfully updated with over $70,000 in cosmetic upgrades, this home offers two self-contained units-perfect for living in one while earning income from the other. The upper unit, renovated in 2021 and currently vacant, features a bright and spacious 3-bedroom, 1-bath layout with over 1,000 sq. ft. of living space, a large kitchen with breakfast area, and in-suite laundry-move in right away and make it your own. The lower unit, renovated in Summer of 2025, offers a comfortable 2-bedroom, 1-bath layout (approx. 870 sq. ft.) with its own kitchen, breakfast area, and in-suite laundry, and is currently tenanted, providing immediate rental income to help offset your mortgage. Each unit has its own private driveway, offering added privacy and convenience. Located just minutes from the waterfront and downtown strip, close to everyday amenities, and only a 15-minute drive to Balm Beach, this home combines lifestyle and long-term value. Whether you choose to live upstairs and rent the lower unit, or explore short- or long-term rental options in the future, this property gives you options-something every first-time buyer can appreciate. Move-in ready and income-smart. Extras: Separately metered units, central air and furnace, propane heating, exterior wired security cameras, deck, and future potential to add a garden suite for additional income.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Apartment, Walk-Up
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls
Cooling Central Air
Fireplace No
Heat Source Propane
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 100.0
Total Parking Spaces 4
Building
Foundation Concrete
Others
ParcelsYN No
Listed by CENTURY 21 HERITAGE GROUP LTD.
NEARBY SCHOOL & BUSINESS
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