519 Yonge Street
Midland, ON
- 6 bed
- 3 bath
- approx. 2000-2500 sqft
- Triplex
- 49 days on market
Investment Opportunity - Recently Renovated Triplex turnkey investment opportunity in the heart of town! This well-maintained triplex has seen extensive updates, offering investors a low-maintenance property with strong income potential. 1- 3 bedroom unit, 1 - 2 bedroom unit, 1 - 1 bedroom unit. Each unit has been refreshed with modern finishes, including updated flooring, fresh paint, and bright, functional living spaces that appeal to today's tenants.The property features spacious units filled with natural light, updated kitchens, and renovated bathrooms, creating comfortable homes for long-term renters. A large front porch and upper balcony add valuable outdoor living space, while ample parking and a detached storage shed provide added convenience. Ideally situated within walking distance to downtown amenities, shopping, restaurants, parks, schools, and public transit, this centrally located property offers the convenience tenants are looking for.Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this versatile triplex is an opportunity you won't want to miss. With a lot of cosmetic updates already completed, all that's left to do is start collecting rent.
Listing Details
- Taxes (2025)
- $3,775
- Originally Listed
- $749,900
- Listed
- July 31, 2026
Price History
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Separate Heating Controls
- Lot Size
- 62.5 x 113 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- King and Yonge
- Parcel Number
- 584630214
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Appliances in each unit
- Exclusions
- NONE
Schools
Elementary
- Huron Park Public School0.7 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 School0.7 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Sacred Heart School1.1 km
Catholic · Simcoe Muskoka CDSB · 160 students
Grade 6 math: 0% met the provincial standard
Secondary
- St Theresa's Separate School1.3 km
Catholic · Simcoe Muskoka CDSB · 730 students
Grade 10 literacy: 76% met the provincial standard
- Georgian Bay District Secondary School1.5 km
Public · Simcoe County DSB · 1110 students
Grade 10 literacy: 82% met the provincial standard
- École secondaire Le Caron4.7 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
- 252
- Median days on market
- 35
- Sale-to-list price
- 95.7%
Based on 252 recorded sales of residential freehold properties in Midland over the last 12 months.
Listed by
Royal LePage In Touch Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$141,980
Estimated Monthly Payment
$3,488
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: $3,488/mo (20% down, 5.5%)
Taxes: $315/mo · Insurance: $177/mo
Estimates only. Consult a financial advisor.
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