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$560,000
Ontario,Midland
For Sale Active
203 GIANETTO DRIVE, Midland, Ontario L4R5J4
  • 7
  • 3
  • 2000 - 2500Square Feet
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Basic Details
Description

Midland triplex offering strong rental income and positive cash flow. All units are currently tenanted on a month-to-month basis with tenants in good standing. Each unit has separate hydro meters. Steel roof. The building includes two 2-bedroom units and one 3-bedroom : Unit 1-2 bedrooms $1,144.31 pm (month to month); Unit 2-2 bedrooms$1,700pm (12 month lease to March 1st

2027); Unit 3-3 bedrooms $1,190.53 pm (month to month.) 2024 water costs total $754.97. The purchase also includes the adjacent vacant lot at 1108 Harbourview Drive, as the existing septic system services both properties. Future potential to sever and create a separate building lot if municipal sewers are extended to the property (buyer to complete their own due diligence). Excellent opportunity for investors seeking stable income with future development potential. (id:59439)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: S12891894
  • Price: $560,000
  • Bedrooms: 7
  • Bathrooms: 3
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 47874
Features & Appliances
Features
  • Heating System: Electric, Baseboard heaters
  • Cooling System: None
  • Basement: None
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Septic System
Address Map
  • Location: CA, Ontario, Midland, L4R5J4
  • Street: Gianetto
  • Street Number: 203
  • Street Suffix: Drive
  • Longitude: W80° 5' 54.4''
  • Latitude: N44° 45' 40.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 50 x 164 FT
Financial
  • Tax Annual Amount: 3860
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Listing updated: 2026-04-27 09:18:39
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Listing Information
  • List Agent Key: 1783043
  • List Office Key: 47874
  • Modification Timestamp: 2026-03-17T18:10:50Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-03-17T18:00:41Z
Powered by REALTOR.ca
Listing updated: 2026-04-27 09:18:39
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