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*
Features of 405 Bay Street
| MLS® # | S11892281 |
|---|---|
| Price | $580,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 1500-2000 |
| Type | Residential Freehold |
| Sub-Type | Detached |
| Style | 1 1/2 Storey |
| Status | Active |
Community Information
| Address | 405 Bay Street |
|---|---|
| Area | Simcoe |
| Neighborhood | Midland |
| City | Midland |
| Province | ON |
| Postal Code | L4R 1K7 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Garage Type | None |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | Walk-Up, Separate Entrance |
Exterior
| Exterior | Aluminum Siding |
|---|
Listing Details
| Office | RE/MAX Georgian Bay Realty Ltd |
|---|