579 Wayne Crescent
Midland, ON
- 5 bed
- 2 bath
- approx. 700-1100 sqft
- Duplex
Well-maintained Midland duplex , easy to rent and positive cash flow. Long-standing tenants who take evident care and upkeep of the property.Each unit offers a spacious and functional layout with a full kitchen, comfortable living area and in-suite laundry. Both units are currently rented on a month-to-month basis, providing flexibility for future adjustments.Current rental income:Upper unit: 3 bedrooms, $1,835.13/month. Lower unit: 2 bedroom, $1,635.86/month. Both inclusive. Total utility costs for 2025: Hydro $2,941.27; Gas $860.90; Water/Sewer $1,403.44; Hot Water Heater $369.68. An excellent opportunity for investors seeking a stable, income-generating property in a sought-after location. No internal photos for tenant privacy.
Listing Details
- Taxes (2025)
- $3,707
- Listed
- April 29, 2026
Price History
Property
- Style
- Bungalow-Raised
- Construction
- Brick Front, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- In-Law Suite
- Lot Size
- 50.23 x 98.59 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Galloway Blvd
- Parcel Number
- 584710239
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 2 x Frideg, 2 x Stove, 2 x Washer, 2 x Dryer
- Exclusions
- Tenants Belongings
- Rental Items
- Hot Water Tank
Schools
Secondary
- St Theresa's Separate School0.3 km
Catholic · Simcoe Muskoka CDSB · 730 students
Grade 10 literacy: 76% met the provincial standard
- Georgian Bay District Secondary School2.2 km
Public · Simcoe County DSB · 1110 students
Grade 10 literacy: 82% met the provincial standard
Elementary
- Huron Park Public School0.4 km
Public · Simcoe County DSB · 435 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Sacred Heart School1.4 km
Catholic · Simcoe Muskoka CDSB · 160 students
Grade 6 math: 0% met the provincial standard
- Mundy's Bay Elementary Public School1.5 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 45% 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
- $520,000
- Homes sold
- 249
- Median days on market
- 35
- Sale-to-list price
- 95.8%
Based on 249 recorded sales of residential freehold properties in Midland over the last 12 months.
Listed by
RE/MAX By The Bay Brokerage
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$105,000
Estimated Monthly Payment
$2,579
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,579/mo (20% down, 5.5%)
Taxes: $309/mo · Insurance: $131/mo
Estimates only. Consult a financial advisor.
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