Detached 1.25-Storey Flip or Rental in Simcoe County!! Assigned

  • $325,000
  • 2 beds
  • 1 baths
  • 675 sqft
Assigned
This fantastic detached home is on a main street in Midland, an upcoming waterfront town on the Southern edge of Georgian Bay. It’s only a short drive and walk to the water, boat launch, restaurants, parks, and numerous other amenities!! This town is a growing community teeming with affordable real estate located less than 45 minutes from both Collingwood and Wasaga Beach, and only 1.5 hours away from the GTA!! A refreshing escape from urban sprawl and noise pollution, this detached home can become your conveniently located winterized retreat, or a quick flip opportunity for an Investor wanting a break from the GTA’s high transaction costs. Don’t miss out on this property!!

We are selling our assignable purchase contract.

Closing is August 16th, 2021
**As per our APS, the Seller is allowed to stay in the property no later than 6pm, 1 business day after closing.**

PROPERTY FEATURES
  • 1.25 storeys (as per MPAC)
  • 2 bedrooms
    • 1 bedroom is located on the main floor
    • 1 bedroom is located on the second floor
  • 1 full bathroom
  • Built in 1895
  • Above grade: 675 sq ft (as per MPAC)
    • First floor: 535 sq ft
    • Second floor: 140 sq ft
  • Partially finished basement: 355 sq ft (as per MPAC)
  • Separate entrances:
    • Front door opens directly into the living room area
    • Sliding glass doors in the kitchen lead out to the backyard
  • New laminate flooring on main level (as per Seller)
  • New vanity in main floor bathroom, as well as a frosted window (as per Seller)
  • Floor joists under bathroom are all brand new (as per Seller, see HERE)
  • Laundry area is located in kitchen
  • All appliances will be included (except for the small freezer in the basement)
  • Newer, 100 AMP breaker panel (as per Seller)
  • Gas furnace is owned and is approximately 10-years-old (as per Seller)
  • Furnace stack’s brickwork is in very good condition
  • HWT is rented, exact age is unknown (as per Seller)
  • No central AC (there are currently wall units being used throughout the house)
  • Roof is approximately 2-years-old (as per Seller)
  • New doors and windows are approximately 2-years-old (as per Seller)
  • Stucco siding
  • On municipal services
  • Detached shed/garage
    • Built in 1940 (340 sq ft, as per MPAC)
    • Has a garage-style door on a manual track that has been sealed shut, only access is currently through the side door entracne (as per Seller)
    • Lots of room for storage, though it may be possible to fit 1 small vehicle. Would likely have to move one of the support beams to be able to fit a larger vehicle (Buyer to verify)
  • Parking for 4-5 cars on a private, gravel driveway
  • Lot size: 40 ft x 103 ft (as per MPAC)
  • Zoning: RS2 (as per MPAC)

PROPERTY NEEDS

  • Cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$325,000
Address:
William St & Yonge St
Midland, ON
Square Feet:
675
Lot Size:
40 ft x 103 ft
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1895
Basement:
Partially finished

Call (647) 400-2093 for more details

Property Location