203 Gianetto Drive

Midland, Midland, L4R 5J4
For Sale
6.01 BTC
203 Gianetto Drive, Midland
203 Gianetto Drive
203 Gianetto Drive
203 Gianetto Drive
203 Gianetto Drive
203 Gianetto Drive
203 Gianetto Drive
203 Gianetto Drive
203 Gianetto Drive
203 Gianetto Drive
7
BEDROOMS
3
BATHROOMS
3
KITCHENS
16
ROOMS
S12891894
MLSID
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Property Description
Midland triplex offering strong rental income and positive cash flow. All units are currently tenanted on a month-to-month basis with tenants in good standing. Each unit has separate hydro meters. Steel roof. The building includes two 2-bedroom units and one 3-bedroom : Unit 1-2 bedrooms $1,144.31 pm (month to month); Unit 2-2 bedrooms$1,700pm (12 month lease to March 1st 2027); Unit 3-3 bedrooms $1,190.53 pm (month to month.) 2024 water costs total $754.97. The purchase also includes the adjacent vacant lot at 1108 Harbourview Drive, as the existing septic system services both properties. Future potential to sever and create a separate building lot if municipal sewers are extended to the property (buyer to complete their own due diligence). Excellent opportunity for investors seeking stable income with future development potential.
Property Features
None
Property Details
Property Type
Triplex
Lot Size
50' x 164'
Acreage
0.2 Feet
Taxes
$3,860 (2025)
Basement
Half
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
Listing contracted with Re/Max By The Bay Brokerage
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