All photos · 43
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
Kitchen
Primary Bedroom
Bedroom 2
Bedroom 3
Living Room
Primary Bedroom
Bedroom 2
Kitchen
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%.
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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.