All photos · 43

Midland

290 George Street, Midland, ON L4R 2W9

$619,000

Beds

5

Baths

2

Type

Freehold

About this home

Perfect First Home With Built-In Income Potential Looking for a smart way to get into the market? This legal, low-maintenance duplex is an ideal opportunity for first-time buyers who want flexibility, comfort, and help with the monthly costs. Built in 1989 and thoughtfully updated with over $70,000 in cosmetic upgrades, this home offers two self-contained units-perfect for living in one while earning income from the other. The upper unit, renovated in 2021 and currently tenanted, features a bright and spacious 3-bedroom, 1-bath layout with over 1,000 sq. ft. of living space, a large kitchen with breakfast area, and in-suite laundry. The lower unit, renovated in Summer of 2025, offers a comfortable 2-bedroom, 1-bath layout (approx. 870 sq. ft.) with its own kitchen, breakfast area, and in-suite laundry, and is currently tenanted, providing immediate rental income to help offset your mortgage. Each unit has its own private driveway, offering added privacy and convenience. Located just minutes from the waterfront and downtown strip, close to everyday amenities, and only a 15-minute drive to Balm Beach, this home combines lifestyle and long-term value. Whether you choose to live upstairs and rent the lower unit, or explore short- or long-term rental options in the future, this property gives you options-something every first-time buyer can appreciate. Move-in ready and income-smart. Extras: Separately metered units, central air and furnace, propane heating, exterior wired security cameras, deck, and future potential to add a garden suite for additional income.

Interior

  • · Separate Hydro Meter
  • · Separate Heating Controls

Heating

  • · Forced Air

Cooling

  • · Central Air

Parking

  • · Private

Basement

  • · Apartment
  • · Walk-Up

Room by room

Living Room

Ground11'6" × 16'0"

Kitchen

Ground11'6" × 11'0"

Primary Bedroom

Ground12'0" × 14'0"

Bedroom 2

Ground10'6" × 8'0"

Bedroom 3

Ground10'0" × 12'0"

Living Room

Basement11'6" × 16'0"

Primary Bedroom

Basement11'0" × 10'0"

Bedroom 2

Basement11'0" × 10'0"

Kitchen

Basement11'6" × 11'0"

What it could cost monthly

Estimated monthly

$2,835

Principal & interest, per month


Mortgage amount
$495,200
Down payment
$123,800
Total interest paid
$355,188

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

CENTURY 21 HERITAGE GROUP LTD.

Each office independently owned and operated.