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Midland, Midland, ON L4R 4L9
$699,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Welcome Home! - Investment Opportunity in Midland. This raised bungalow, just 8 years old, offers comfort, functionality, and incredible income potential. The home features approximately 1,009 sq. ft. on the main floor and a total of 1,512 sq. ft. of finished living space.The main level offers a bright open-concept kitchen, dining, and living area, ideal for everyday living. You'll also find a spacious primary bedroom with a 3-piece ensuite, convenient main floor laundry with a large double closet, a second well-sized bedroom, and an additional 4-piece bath.The lower level provides added flexibility with a separate entrance, a 420+ sq. ft. workshop (that could easily be converted into additional bedrooms ), separate laundry, and a brand new in-law suite & 3-piece bath-featuring a large open-concept kitchen and living area-perfect for extended family or additional income potential. Set on a generous 1.36-acre lot, this property offers a peaceful and private setting while still being conveniently located between Midland and Penetanguishene. Enjoy the best of both worlds-close to all amenities, yet surrounded by nature. The backyard is bright and open, with frequent sightings of deer, wild turkey, fox, and other local wildlife, creating a truly relaxing outdoor environment. A new concrete pad (26' x 30') with permits in place is ready for a future garage.One of the most unique features of this property is the built-in investment income. The property generates reliable monthly revenue from a Rogers tower, without impacting the use of the home. Currently earning $1,606.58/month ($19,200/year), with a 10% increase effective November 1, 2026. There is a 10 year contract in place with the opportunity to extend. A clean, well-cared-for home offering space, versatility, privacy, and a rare income opportunity.Don't miss your chance to take advantage of this incredible opportunity-properties like this, combining lifestyle and strong built-in income, are truly hard to find