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 (id:13139)
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| MLS® Number | S12925192 |
| Property Type | Single Family |
| Community Name | Midland |
| Features | Carpet Free, Sump Pump, In-law Suite |
| ParkingSpaceTotal | 10 |
| BathroomTotal | 3 |
| BedroomsAboveGround | 2 |
| BedroomsTotal | 2 |
| Appliances | Water Heater, Blinds, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| ArchitecturalStyle | Raised Bungalow |
| BasementFeatures | Separate Entrance, Walk Out |
| BasementType | N/a, N/a |
| ConstructionStyleAttachment | Detached |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Vinyl Siding |
| FlooringType | Vinyl |
| FoundationType | Concrete, Block |
| HeatingFuel | Propane |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| No Garage |
| Acreage | No |
| Sewer | Septic System |
| SizeDepth | 502 Ft ,2 In |
| SizeFrontage | 150 Ft |
| SizeIrregular | 150 X 502.2 Ft |
| SizeTotalText | 150 X 502.2 Ft |
| ZoningDescription | Ru |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 3.21 m | 1.49 m | 3.21 m x 1.49 m |
| Lower Level | Kitchen | 8.06 m | 4.1 m | 8.06 m x 4.1 m |
| Lower Level | Workshop | 12.73 m | 4.09 m | 12.73 m x 4.09 m |
| Lower Level | Laundry Room | 1.44 m | 1.6 m | 1.44 m x 1.6 m |
| Main Level | Kitchen | 3.76 m | 4.48 m | 3.76 m x 4.48 m |
| Main Level | Dining Room | 2.07 m | 4.49 m | 2.07 m x 4.49 m |
| Main Level | Living Room | 4.33 m | 4.49 m | 4.33 m x 4.49 m |
| Main Level | Primary Bedroom | 3.9 m | 3.39 m | 3.9 m x 3.39 m |
| Main Level | Bathroom | 1.64 m | 3.39 m | 1.64 m x 3.39 m |
| Main Level | Laundry Room | 2.63 m | 0.98 m | 2.63 m x 0.98 m |
| Main Level | Bathroom | 1.68 m | 2.42 m | 1.68 m x 2.42 m |
| Main Level | Bedroom 2 | 3.07 m | 3.87 m | 3.07 m x 3.87 m |
https://www.realtor.ca/real-estate/29520914/9732-93-highway-midland-midland
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