203 GIANETTO DRIVE, Midland, Ontario
$560,000
- 7 Beds
- 3 Baths
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:56241)
- Listing ID: S12891894
- Property Type: Multi-family
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Listing provided by RE/MAX By The Bay Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 203 GIANETTO DRIVE in Midland Ontario. It was last modified on March 17th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Midland homes for sale.