290 George ST Active

Midland,ON L4R 2W9

$ 649000

5 Beds

2 Baths

- SqFt


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 S12355179

Style Bungalow-Raised

Bedrooms 5

Annual Tax Amount $3,500

Tax Year 2025

Property Sub-Type Duplex

Property Description

Perfect Starter Home with Rental Income! This low-maintenance legal duplex, built in 1989, is ideal for first-time buyers looking to live and earn. With over $70,000 in cosmetic upgrades, its move-in ready and designed to offset your living costs with rental income. The upper unit, fully renovated in 2021 and currently vacant, features 3 bright bedrooms, 1 bath, over 1,000 sq. ft. of living space, a large kitchen with breakfast area, in-suite laundry, and central air perfect for your own home. The lower unit, recently updated in July 2025 (approx. 870 sq. ft.), offers 2 bedrooms, 1 bath, a generous kitchen with breakfast area, in-suite laundry, and central heating, and is currently rented, providing instant income. Both units enjoy private driveways, separately metered utilities, and exterior wired security cameras. Outdoors, there's a deck and potential space to add a garden suite for extra revenue. Located close to the waterfront and downtown strip, all essential amenities are just minutes away, and Balm Beach is only a 15-minute drive. Whether you choose to rent both units or live upstairs while renting the lower unit, this duplex offers flexibility, income potential, and a great opportunity for first-time buyers to step into homeownership with confidence.

Location

Province ON

County Simcoe

Community Midland

Area Simcoe

Rooms

Family Room No

Kitchen 2

Interior

Cooling Central Air

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Building

Building Age 31-50

Foundation Concrete

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