351 Borden Street, Midland | Image 1

351 Borden Street

Midland, Midland

  • - bed - bath
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Nov 29, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 70 x 125.07 Feet

  • Age: No Data

  • Taxes: $5,002 per year

  • Days on Site: 36 Days

  • Added: Oct 24, 2024 (1 month on market)

  • Updated:

  • Last Checked: 2 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!

Status

  • Days on Market: 36

  • Last Status: Sold

  • Sold Date: Nov 29, 2024

  • Closed Date: Jan 15, 2025

  • Expiry Date: Dec 31, 2024

  • Sold Price: $855,000

  • Unavailable Date: Nov 29, 2024

  • Input Date: Oct 24, 2024

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

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4.33 km
JK-8

Sacred Heart School

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0.28 km
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Monsignor Castex Separate School

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Bayview Public School

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Huron Park Public School

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Mundy's Bay Elementary Public School

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Georgian Bay District Secondary School

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North Simcoe Campus

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Elmvale District High School

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St Joseph's Separate School

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40.56 km
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St Theresa's Separate School

Secondary: Catholic
1.35 km

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