For Sale

203 Gianetto Drive, Midland, Ontario L4R 5J4

$560,000

203 Gianetto Drive, Midland, Ontario L4R 5J4 is For Sale and has a listing price of 560,000. The property is located in the Midland neighbourhood . It's been on the website for 5 Days.

  • Triplex
    Property Type
  • 7
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: S12891894
  • Office Name RE/MAX By The Bay Brokerage
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 Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: S12891894
  • Price: $560,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 164
  • Ref ID: S12891894
  • Approx Sqft: 2000-2500
  • Dir / Cross St: Harbourview Drive
  • Status: Active
  • Tax Year: 2025
  • Property Type: Triplex
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
03/17/2026 S12891894 $560,000 For Sale - -
10/29/2025 S12487469 $590,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $685,512 Average List Price
    based on 1 year
  • 97 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 141.39 % Up
  • Sold (12mo) 228
  • Rented (12mo) 50

  • 1 Month Change -5.0%
  • 3 Month Change -
  • 6 Month Change -33.0%
Walkscore
  • 11 Walk Score
    Car-Dependent
  • 58 Bike Score
    Bikeable
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style Y
  • Washroom Type1: 3
  • Garage Type Y
  • Parking Spaces: 6
  • Exterior Vinyl Siding
  • Kitchen 3
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $3,860
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 17/03/2026 16:46:52
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