Was listed for:Expired 21 days ago
$525,000

579 Wayne Crescent

Midland, ON L4R 5E2

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 579 Wayne Crescent, Midland

2026-04-29
2026-09-30
Expired
Price
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MLS#
s13061040

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 579 Wayne Crescent, Midland

Summarized Description

  • Well-maintained duplex with positive cash flow.
  • Each unit has in-suite laundry and spacious layout.
  • Long-standing tenants ensure property upkeep.
  • Current rental income provides stable revenue.
  • Flexibility for future adjustments with month-to-month leases.
  • Located in a sought-after area for investors.

Well-maintained Midland duplex, easy to rent and positive cash flow. Long-standing tenants who take evident care and upkeep of the property.Each unit offers a spacious and functional layout with a full kitchen, comfortable living area and in-suite laundry. Both units are currently rented on a month-to-month basis, providing flexibility for future adjustments.Current rental income:Upper unit: 3 bedrooms, $1,835.13/month. Lower unit: 2 bedroom, $1,635.86/month. Both inclusive. Total utility costs for 2025: Hydro $2,941.27; Gas $860.90; Water/Sewer $1,403.44; Hot Water Heater $369.68. An excellent opportunity for investors seeking a stable, income-generating property in a sought-after location. No internal photos for tenant privacy.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,707
Land Transfer Tax Fee
$6,975

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Separate Entrance, Full, Finished

Interior Features

Interior Extras
In-Law Suite
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow-Raised

Construction

Exterior Finish
Brick Front, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
50.23 ft
Lot Depth
98.59 ft

Inclusions

Inclusions
2 x Frideg, 2 x Stove, 2 x Washer, 2 x Dryer

Exclusions

Exclusions
Tenants Belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
2
Kitchens
2

Washrooms

  • 4-piece, Main
  • 4-piece, Basement

Municipality
Midland
Neighbourhood
Midland
Main cross streets
Galloway Blvd
Directions
Galloway Blvd to Wayne Crescent

MLS® number
S13061040
Data source
Toronto Regional Real Estate Board
Status change
2026-09-30
Listed on
2026-04-29
Days on market
154 days
Possession type
Flexible
Co-op commission
2.5% + tax
Seller
Listed by
RE/MAX By The Bay Brokerage

Home Market Value

Current home valuation for 579 Wayne Crescent, Midland, Midland, ON. Listed for $525,000

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Estimated Sales Range

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HOMEH Estimate for 579 Wayne Crescent, Midland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Midland, ON
Minimum Down Payment Required:5.2%

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Minimum down payment

$27,500

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Land Transfer Tax

Provincial

$6,975

Total Land Transfer Tax

$6,975

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