351 Borden Street, Midland | Image 1

351 Borden Street

Midland, Midland

  • 9 bed 6 bath
$870,000 est.*: $2,947/mo
For Sale

Added 5 days ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 70 x 125.07 Feet

  • Age: No Data

  • Taxes: $5,002 per year

  • Added: Oct 24, 2024 (5 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: S9509191

  • Listed By: Royal lepage in touch realty

Looking for a centrally located, purpose-built 5-plex in the heart of Midland? Look no further than this exceptional investment opportunity! This well-maintained building includes three 2-bed/1-bath units, one 1-bed/1-bath unit, and a spacious two-story 2-bed/2-bath landlord's unit, complete with its own driveway, garage, and large backyard. The three 2-bedroom units are vacant and primed for current market rentstwo have been recently renovated, while the third is awaiting final touches. The property also boasts a new roof (2024), several updated windows (2023), and convenient on-site coin laundry. Whether you're looking to rent out all five units for maximum income or prefer to live in the spacious landlord unit while renting out the remaining four for steady cash flow, this property offers incredible flexibility. Located just moments from downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools, and public transportation. With Midland's vibrant community and prime location, this building is an attractive rental option, ensuring steady income and long-term appreciation. Whether you're a seasoned investor or entering the real estate market, this low-maintenance, high-return property is a fantastic opportunity!

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Area: Midland

  • Community: Midland

  • Availability Date: Flexible

Inside

  • Bedrooms: 9

  • Bathrooms: 6

  • Kitchens: 5

  • Rooms: 25

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 6

Building

  • Basement: Full

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Spaces: 1

  • Garage Type: Built-In

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 3 S/S ELIZABETH ST PL 422 MIDLAND PT 2, 51R1606; MIDLAND

  • Taxes: $5,002

Land

  • Cross Street: Yonge St and Borden

  • Municipality District: Midland

  • Fronting On: East

  • Parcel Number: 584690022

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 125.07 Feet

  • Lot Frontage: 70 Feet

  • Zoning: R4

Additional Media

  • Virtual Tour: https://tours.Exit509Photography.com/2285215?a=1
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Somewhat Walkable

  • Some errands can be accomplished on foot.
66 /100

Bikeable

  • Some errands can be accomplished on bike.
60 /100
Map of 351 Borden Street, Midland
JK-8

St Ann's Separate School

Elementary: Catholic
4.33 km
JK-8

Sacred Heart School

Elementary: Catholic
0.28 km
JK-8

Monsignor Castex Separate School

Elementary: Catholic
3.11 km
JK-8

Bayview Public School

Elementary: Public
2.25 km
JK-8

Huron Park Public School

Elementary: Public
0.87 km
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Mundy's Bay Elementary Public School

Elementary: Public
1.54 km
9-12

Georgian Bay District Secondary School

Secondary: Public
2.30 km
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North Simcoe Campus

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1.85 km
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École secondaire Le Caron

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5.21 km
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Elmvale District High School

Secondary: Public
19.12 km
9-12

St Joseph's Separate School

Secondary: Catholic
40.56 km
9-12

St Theresa's Separate School

Secondary: Catholic
1.35 km

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