519 Yonge Street, Midland, ON
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 62.5 x 113 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Separate Heating Controls
- Efficient baseboard heating via electric
Description
Investment Opportunity - Recently Renovated Triplex turnkey investment opportunity in the heart of town! This well-maintained triplex has seen extensive updates, offering investors a low-maintenance property with strong income potential. 1- 3 bedroom unit, 1 - 2 bedroom unit, 1 - 1 bedroom unit. Each unit has been refreshed with modern finishes, including updated flooring, fresh paint, and bright, functional living spaces that appeal to today's tenants.The property features spacious units filled with natural light, updated kitchens, and renovated bathrooms, creating comfortable homes for long-term renters. A large front porch and upper balcony add valuable outdoor living space, while ample parking and a detached storage shed provide added convenience. Ideally situated within walking distance to downtown amenities, shopping, restaurants, parks, schools, and public transit, this centrally located property offers the convenience tenants are looking for.Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this versatile triplex is an opportunity you won't want to miss. With a lot of cosmetic updates already completed, all that's left to do is start collecting rent.
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Property Summary
This triplex located at 519 Yonge Street, Midland is currently for sale and has been available on SousaSells for 6 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 6 beds, 3 bathrooms, and is 2000-2500 square feet. 519 Yonge Street, Midland is in the Midland neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Midland, Midland.
- •6 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Midland, Midland.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Heating Controls
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 519 Yonge Street, Midland, ON
Q.What is the asking price for 519 Yonge Street, Midland, ON ?
The current listing price for 519 Yonge Street, Midland, ON in Midland, Midland is $749,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 519 Yonge Street, Midland, ON ?
519 Yonge Street, Midland, ON is a Triplex (3-Storey) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Heating Controls.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 519 Yonge Street, Midland, ON L4R 2C6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Midland, ON
For a property listed at $749,900 in Midland, the legal minimum down payment is $49,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,473 for this transaction. As this listing is in Midland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.