612 Bay Street
Midland, ON
3 bed • 2 bath • approx. 1100-1500 sqft • Duplex • 177 days on market
Top 5 Reasons You Will Love This Home: 1) Charming semi-detached duplex with two fully self-contained units, offering a smart opportunity for investors or buyers looking to live in one unit while generating steady rental income from the other 2) Strong, reliable income already in place with the main unit rented at $1650 plus utilities and the upper unit rented at $1567 plus utilities, providing immediate cash flow from day one 3) Located just minutes from downtown Midland, you are close to shops, schools, parks, walking trails, marinas, and the waterfront, a location that consistently attracts quality tenants and end users alike 4) Separate hydro meters for each unit allow tenants to pay their own utilities, keeping expenses predictable and simplifying management 5) Three dedicated parking spaces, refreshed interiors, and a low-maintenance yard make this a practical, turn-key property, whether you are stepping into the market or adding another solid door to your portfolio. 1,278 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $1,956
- Listed
- March 3, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- None
- Lot Size
- 30.47 x 85.67 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Fourth St/Bay St
- Zoning
- HC
- Parcel Number
- 584520136
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- Fridge, Stove, Hot Water Heater (x2).
- Exclusions
- Tenants Belongings.
- Rental Items
- Upper Level is Rented. $1,567 + Hydro. Tenants are Month to Month.
Schools
Elementary
- Sacred Heart School0.6 km
Catholic · Simcoe Muskoka CDSB · 160 students
Grade 6 math: 0% met the provincial standard
- Huron Park Public School1.3 km
Public · Simcoe County DSB · 435 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Mundy's Bay Elementary Public School1.6 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 45% met the provincial standard
Secondary
- St Theresa's Separate School1.8 km
Catholic · Simcoe Muskoka CDSB · 730 students
Grade 10 literacy: 76% met the provincial standard
- Georgian Bay District Secondary School2.3 km
Public · Simcoe County DSB · 1110 students
Grade 10 literacy: 82% met the provincial standard
- École secondaire Le Caron4.8 km
French public · CS Viamonde · 100 students
Grade 10 literacy: 100% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L4R
- Population
- 19,245
- Private dwellings
- 8,901
- Median age
- 50.4
- Average household size
- 2.2
- Median household income
- $70,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Midland · last 12 months
- Median sold price
- $515,000
- Homes sold
- 253
- Median days on market
- 35
- Sale-to-list price
- 95.8%
Based on 253 recorded sales of residential freehold properties in Midland over the last 12 months.
Rooms
3-piece on Main, 4-piece on Second
Second
- Bedroom12'8" x 10'6"
- Kitchen10'9" x 10'
- Living Room16'6" x 12'
Main
- Bedroom10'7" x 8'
- Bedroom10'6" x 8'2"
- Kitchen11'9" x 10'10"
- Living Room13' x 11'10"
Listed by
FARIS TEAM REAL ESTATE BROKERAGE
Location
Mortgage Calculator
$89,980
Estimated Monthly Payment
$2,210
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,210/mo (20% down, 5.5%)
Taxes: $163/mo · Insurance: $112/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?