Royal LePage Maximum Realty Brokerage

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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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203 Gianetto Drive, Midland, ON L4R 5J4

Triplex For Sale | S12891894Sale

Listing ID: S12891894
$560,000
7 Bedrooms
3 Bathrooms
Listing ID #S12891894
Property 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.

Basic Details
Listing ID : S12891894
Listing Type : Sale
Price : $560,000
Bathrooms : 3
Status : Active
Property Sub Type : Triplex
Roof : Metal
Map
Address Map
203
Gianetto
US
ON
Simcoe
Midland
L4R 5J4
Drive
East
Harbourview Drive to Gianetto Drive
Property Area
Midland
Features
: None
: None
: Half
: 1 Storey/Apt
: None
: Septic
Rooms
7
Additional Information
: Vinyl Siding
: Block
Financial
3860.0
Listing Information
New
2026-03-17T17:27:53Z
TRREB

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