






















486 Hannah Street
Midland, Midland
$499,900
Discover this standout 3-Unit investment opportunity in a friendly Midland neighbourhood. This property features modern updates on 3 floors; ***Main Floor: 2 bedrooms/kitchen/bath with direct access to charming, roof-covered front & back porches. ***Second Floor: 2 bedrooms/kitchen/bath featuring a sunny balcony right off the living room. ***Third Floor: 1 studio-style bedroom/kitchen/bath layout. ***Basement: Washer/Dryer, 3 separate water heaters, single shared furnace. Many big-ticket upgrades already done! In 2015 upgraded windows were installed on main & second floors. Refreshed and updated kitchens and bathrooms on the main, second & third floors. Three separate hydro meters, one for each unit, plus an additional hydro meter for the laundry/utility room in the basement. Perfect for multi-generational families or investors. Property is being sold in 'as-is' condition. Buyer to verify and satisfy themselves with respect to current municipal zoning compliance, MPAC designations and Ontario Fire Code requirements. Virtual Staging has been added to some photos. Lot size is irregular.
No extras listed.
Visit this home
Pick a time that works for you.
No upcoming open houses.
| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $3,062 |
| Lot Size | 44.91 ft x 136.67 ft |
| mls© Number | S13797614 |
| Listed By | ROYAL LEPAGE TERREQUITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $255
- Heat allowance
- $150
- Housing costs
- $2,964 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$91,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
Nearby listings
Comparable sales
- No similar listings found.




















































































































































































































































































































































































































































































































































































































































































