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538 Nelson Street, Midland, ON, L4R 4W3

MLS® # 40680663
Investment For Sale In Midland, Ontario
$525,000
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Outdoor With Body Of Water With View
538 Nelson Street, Midland, ON - Outdoor With View
538 Nelson Street, Midland, ON - Indoor
538 Nelson Street, Midland, ON - Indoor
538 Nelson Street, Midland, ON - Indoor Photo Showing Kitchen With Double Sink
538 Nelson Street, Midland, ON - Indoor Photo Showing Bedroom
538 Nelson Street, Midland, ON - Indoor Photo Showing Bedroom
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Indoor Photo Showing Kitchen With Double Sink
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Bathroom
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Outdoor With Body Of Water With View
538 Nelson Street, Midland, ON - Outdoor With View
538 Nelson Street, Midland, ON - Other
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Outdoor With Body Of Water With View
538 Nelson Street, Midland, ON - Outdoor With View
538 Nelson Street, Midland, ON - Indoor
538 Nelson Street, Midland, ON - Indoor
538 Nelson Street, Midland, ON - Indoor Photo Showing Kitchen With Double Sink
538 Nelson Street, Midland, ON - Indoor Photo Showing Bedroom
538 Nelson Street, Midland, ON - Indoor Photo Showing Bedroom
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Indoor Photo Showing Kitchen With Double Sink
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Other Room
538 Nelson Street, Midland, ON - Indoor Photo Showing Bathroom
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Outdoor
538 Nelson Street, Midland, ON - Outdoor With Body Of Water With View
538 Nelson Street, Midland, ON - Outdoor With View
538 Nelson Street, Midland, ON - Other
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Home Insurance - TD Insurance
Get a home insurance quote online for this $525,000 property in Midland
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $525,000 property in Midland

Provided by TD Insurance
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ACTIVE
538 Nelson Street, Midland, ON, L4R 4W3
$525,000

Property Information:

Attention investors! This turn-key duplex offers the perfect opportunity to expand your portfolio in a great location near parks, Little Lake, and a variety of amenities. With great tenants already in place in the upper unit, you’ll benefit from steady rental income. The lower unit is vacant, providing you with the flexibility to set your own market rent and choose your own tenants. This bungalow-style duplex features a total of 1689 sq.ft. of living space, with a 2-bedroom, 1-bathroom upper unit and a 3-bedroom, 1-bathroom lower unit. Dual driveways offer plenty of parking, while the spacious backyard adds outdoor appeal for tenants. Whether you’re a seasoned investor, just starting out, or looking for a home with income potential, this property offers immediate returns and excellent long-term potential. With one unit ready for occupancy, it’s a fantastic opportunity to subsidize your expenses by living in one unit while renting out the other.

Inclusions: None,Fridge And Stove In Basement

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 867 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 1989
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Privacy, Separate Hydro Meters
  • Floor Space (approx): 1689 Square Feet
  • Heating: Baseboard, Electric
  • Interior Features: Separate Hydro Meters
  • Laundry Features: None
  • Lot Depth: 82.28 Feet
  • Lot Features: Rectangular, Ample Parking, Cul-De-Sac, Dog Park, Park, Playground Nearby, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 66.61 Feet
  • Parking Features: Gravel
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: Keller Williams Experience Realty, Brokerage (255 King St)

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Location of 538 Nelson Street, Midland, ON, L4R 4W3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 538 Nelson Street , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 538 Nelson Street , experiences 11 significant 2-day storms per year, with about 319.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 406mm of precipitation per year.

Precipitation Per Storm

Past
319.4mm
2050
406mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 538 Nelson Street, Midland, ON, L4R 4W3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$91,097.23

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.75 %

High school certificate or equivalent

38.95 %

Apprenticeship trade certificate/diploma

5.55 %

College/non-university certificate

28.23 %

University Degree

8.52 %

Commuter

Travel To Work

By Car

86.62 %

By Public Transit

0.0 %

By Walking

8.59 %

By Bicycle

0.0 %

By Other Methods

4.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.18 %

Houses

83.82 %

Own Vs. Rent

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