Perfect First Home With Built-In Income Potential Looking for a smart way to get into the market? This legal, low-maintenance duplex is an ideal opportunity for first-time buyers who want flexibility, comfort, and help with the monthly costs. Built in 1989 and thoughtfully updated with over $70,000 in cosmetic upgrades, this home offers two self-contained units-perfect for living in one while earning income from the other. The upper unit, renovated in 2021 and currently vacant, features a bright and spacious 3-bedroom, 1-bath layout with over 1,000 sq. ft. of living space, a large kitchen with breakfast area, and in-suite laundry-move in right away and make it your own. The lower unit, renovated in Summer of 2025, offers a comfortable 2-bedroom, 1-bath layout (approx. 870 sq. ft.) with its own kitchen, breakfast area, and in-suite laundry, and is currently tenanted, providing immediate rental income to help offset your mortgage. Each unit has its own private driveway, offering added privacy and convenience. Located just minutes from the waterfront and downtown strip, close to everyday amenities, and only a 15-minute drive to Balm Beach, this home combines lifestyle and long-term value. Whether you choose to live upstairs and rent the lower unit, or explore short- or long-term rental options in the future, this property gives you options-something every first-time buyer can appreciate. Move-in ready and income-smart. Extras: Separately metered units, central air and furnace, propane heating, exterior wired security cameras, deck, and future potential to add a garden suite for additional income.
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
Bungalow-Raised
Total Approx Floor Area:
700-1100
Lot Depth:
100'30.5 m
Lot Frontage:
50'15.2 m
Direction Faces:
North
Bedrooms:
3+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
5
Rooms Below Grade:
4
Zoning:
RS2
Heating type:
Forced Air
Heating Fuel:
Propane
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Walk-Up
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$3,600 /
2025
Assessment:
$- /
-
Simcoe
Midland
Midland
Separate Hydro Meter, Separate Heating Controls
Two Hot water heaters approximately $38 monthly, Furnace and A/C approximately $160/per month can be bought out.
All electrical light fixtures, all window coverings, backyard deck, two refrigerators, two stoves, two hood range, stackable washer and dryer set in upper unit. Exterior security cameras. Portable Gas powered generator.
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