226 Queen Street

1 / 40

$539,900

226 Queen Street

Midland · MLS® S13880940

632

House · Multi-family · 16 days on market

listed by CHAD WOOLSEY, RE/MAX HALLMARK CHAY REALTY

realtor's description

LEGAL TRIPLEX | INVESTMENT | MIDLAND - Legal triplex in Midland with three self-contained units. Two front units are heated by gas furnace that was updated in Dec 2021 and the back unit has a gas fireplace and electric baseboard heat. With a new roof in 2022, on demand hot water and water softener this is an ideal property to add to your investment portfolio - or - start your new real estate portfolio with this triplex! Don't miss out on this opportunity! The waterfront community of Midland offers outstanding all season recreation, key amenities (shopping, services, fine and casual dining, recreation and entertainment) and easy access to commuter routes. Convenience of appliances, full bath, laundry and parking for each unit.

property details

type: House, Multi-family
bedrooms: 6
bathrooms: 3
parking: 2
property tax: $5,062 / yr
days on market: 16
MLS®: S13880940

features

Community Centre
Washer
Refrigerator
Water softener
Stove
Dryer

monthly cost

$2,774/mo

Mortgage $2,352 · Tax $422

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,352/ monthly

loan $431,920

25-year amortization

down payment20% · $107,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $273,768
cash to close: $107,980; down payment; transfer tax and fees not included
total paid: $705,688

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.