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House for sale: 405 BAY STREET, Midland
405 Bay Street
$580,000
Midland , Ontario L4R1K7
4 bed
3 bath
About the Property

NORTH ON KING ST - EAST ON BAY - BETWEEN QUEEN AND MANLY - SIGN ON 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* (id:27476)

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Property Details
MLS® Number
S11892281
Type
Single Family
Community Name
Midland
Ownership Type
Freehold
Land Size
80 x 60 FT|under 1/2 acre
Parking Space Total
2
Building
Building Type
House
Storeys
2
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Marina, Park, Public Transit, Schools
Exterior Finish
Aluminum siding
Fireplace Present
No
Basement Type
N/A
Basement Features
Separate entrance, Walk-up
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Room Layout
Primary Bedroom
Second level
2.84 m x 4.9 m
Den
Second level
2.16 m x 2.79 m
Living room
Lower level
4.11 m x 3.25 m
Kitchen
Lower level
1.83 m x 2.36 m
Living room
Main level
3.28 m x 4.17 m
Kitchen
Main level
3.66 m x 2.49 m
Bedroom
Main level
3.4 m x 2.9 m
Bedroom
Main level
2.95 m x 3.28 m
Bedroom
Main level
2.9 m x 3.66 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: RE/MAX Georgian Bay Realty Ltd

$580,000 - 405 BAY STREET, Midland Ontario L4R 1K7, Canada | Real Estate For Sale | HomeAds.ca

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Updated May 24th 2025 3:17 pm

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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