$499,900
Est. payment $2,213/moCalculate yours
486 Hannah Street, Midland, ON L4R 2G9
Midland, Midland, ON L4R 2G9
- 5 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY MLS® S13797614
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Separate Entrance, Full, Unfinished, Walk-Up, Partial Basement
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 44.91 x 136.67 Feet
- Parking
- None garage · 3 total
- Zoning
- R3
Financial
- Property Taxes
- $3,062 (2026)
Location
- Neighbourhood
- Midland
- Cross Street
- KingSt. / HannahSt.
- Direction Faces
- North
Listing
- MLS® Number
- S13797614
- Days on Market
- 32
- Listed On
- 2026-09-16
- Possession
- Immediate possession
- Listed By
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
Features
Interior
- Guest Accommodations
- In-Law Capability
- In-Law Suite
- Primary Bedroom - Main Floor
- Separate Hydro Meter
- Suspended Ceilings
- Water Heater
Property
- Hospital
- Library
- Marina
- Public Transit
- Rec./Commun.Centre
- School
Pool
- None
- Included
- Includes existing appliances; 3 refrigerators, 3 stoves, 1 washer, 1 dryer, all electric light fixtures and ceiling fans.
- Excluded
- Excludes any personal items belonging to the tenant on the main floor. Excludes 3 hot water tanks and 1 furnace.
- Rental items
- Rental/Service Contracts with Enercare; Three hot water tanks and 1 Furnace.
Mortgage calculator
Estimated mortgage payment
$2,213 per month
- Principal and interest
- $2,213
- Property tax
- $255
- Condo fees
- $0
- Estimated monthly cost
- $2,469
Your mortgage
- Mortgage amount
- $399,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $264,115
Cash to close
- Down payment
- $99,980
- Land transfer tax
- $6,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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