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Home ON Greater Midland Midland
351 BORDEN STREET
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351 BORDEN STREET $870,000
$870,000
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351 BORDEN STREET
Midland, Ontario L4R4N7

MLS® Number: S9509191
9
Bedrooms
6
Bathrooms
-
Square Feet

Listing Description

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! (37086056)

Location Description

Yonge St and Borden St

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Community Name
Midland
Land Size
70 x 125.07 FT
Annual Property Taxes
$5,001.64
Parking Type
Garage
Time on REALTOR.ca
12 days

Building

Bedrooms
Above Grade
9
Bathrooms
Total
6
Partial
1
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer
Basement Type
Full
Building Features
Foundation Type
Block
Building Amenities
Separate Electricity Meters
Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Garage
Total Parking Spaces
5

Land

Lot Features
Frontage
70 ft
Land Depth
125 ft
Other Property Information
Zoning Description
R4
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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