For Sale

538 NELSON Street, Midland, Ontario L4R4W3

$525,000

538 NELSON Street, Midland, Ontario L4R4W3 is For Sale and has a listing price of 525,000. The property is located in the Midland neighbourhood. It's been on the website for 24 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 5
    Bedrooms
  • 2
    Bathrooms
  • 7
    Parking Spaces
  • MLS ID: S11822987
  • Office Name Keller Williams Experience Realty
Property Description

Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, you’ll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether you’re a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, it’s a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other. (id:43137)

Property Details
  • Bedrooms: 5
  • MLS ID: S11822987
  • Bathrooms: 2
  • Price: $525,000
  • Transaction Types: For Sale
  • Ref ID: 27705973
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/25/2024 S11822987 $525,000 For Sale - -
11/25/2024 40680650 $525,000 For Sale - -
11/25/2024 40680663 $525,000 For Sale - -
11/25/2024 S10875084 $525,000 Terminated 05/13/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bedroom - Basement 3.68 m x 3.3 m
Bedroom - Basement 3.56 m x 2.31 m
Bathroom - Basement Measurements not available
Living room - Basement 5.08 m x 3.3 m
Kitchen - Basement 3.3 m x 2.46 m
Primary Bedroom - Basement 5.13 m x 3.3 m
Living room - Main 5.18 m x 4.65 m
Dining room - Main 3.25 m x 2.64 m
Kitchen - Main 3.07 m x 2.64 m
Primary Bedroom - Main 4.24 m x 3.63 m
Bedroom - Main 3.66 m x 3.2 m
Bathroom - Main Measurements not available
Neighborhood Stats
Midland
  • $850,613 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 118 Median Days on Market
    based on 1 year
  • List vs. Selling Price 122.6 % Up
  • Sold (12mo) 186
  • Rented (12mo) 31

  • 1 Month Change +9.7%
  • 3 Month Change +56.4%
  • 6 Month Change +8.0%
Walkscore
  • 71 Walk Score
    Very Walkable
  • 46 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    73.67%
  • Commercial
    19.85%
  • Condo
    4.9%
  • Land for Sale
    1.58%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Electric
  • Style Raised Bungalow
  • Basement2 Full (finished)
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick, Vinyl Siding
  • Total Parking Spaces: 7
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/11/2024 00:00:00
  • Zoning D3
  • Agent Name: ERIC BEUTLER
  • Last Updated: 11/12/2024 16:50:17
Open House Dates
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