9732 93 Highway, Midland, ON L4R 4L9

For Sale 62 days on Market MLS® S12925192
Asking Price
$699,000
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Overview
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Welcome Home! - Investment Opportunity in Midland. This raised bungalow, just 8 years old, offers comfort, functionality, and incredible income potential. The home features approximately 1,009 sq. ft. on the main floor and a total of 1,512 sq. ft. of finished living space.The main level offers a bright open-concept kitchen, dining, and living area, ideal for everyday living. You'll also find a spacious primary bedroom with a 3-piece ensuite, convenient main floor laundry with a large double closet, a second well-sized bedroom, and an additional 4-piece bath.The lower level provides added flexibility with a separate entrance, a 420+ sq. ft. workshop (that could easily be converted into additional bedrooms ), separate laundry, and a brand new in-law suite & 3-piece bath-featuring a large open-concept kitchen and living area-perfect for extended family or additional income potential. Set on a generous 1.36-acre lot, this property offers a peaceful and private setting while still being conveniently located between Midland and Penetanguishene. Enjoy the best of both worlds-close to all amenities, yet surrounded by nature. The backyard is bright and open, with frequent sightings of deer, wild turkey, fox, and other local wildlife, creating a truly relaxing outdoor environment. A new concrete pad (26' x 30') with permits in place is ready for a future garage.One of the most unique features of this property is the built-in investment income. The property generates reliable monthly revenue from a Rogers tower, without impacting the use of the home. Currently earning $1,606.58/month ($19,200/year), with a 10% increase effective November 1, 2026. There is a 10 year contract in place with the opportunity to extend. A clean, well-cared-for home offering space, versatility, privacy, and a rare income opportunity.Don't miss your chance to take advantage of this incredible opportunity-properties like this, combining lifestyle and strong built-in income, are truly hard to find
Bedrooms
2
Bathrooms
3.0
Area
900 sqft
Lot Size
1.7 acres
Type
Detached

Property Details

Year BuiltNot Disclosed
CityMidland
Postal CodeL4R4L9
Lot Dimensions150.04 × 502.24 ft
Parking10 spaces

Interior Features

Heat: Forced Air
Heat Source: Propane
Cooling: Window Unit(s)
Style: Bungalow-Raised

Exterior & Land

Sewer: Septic
Construction: Vinyl Siding
Roof: Asphalt Shingle

Utilities & Services

Heat SourcePropane
SewerSeptic

Financial Information

List Price$699,000
Annual Taxes$5,800 (2025)
Days on Market62
MLS® S12925192 • Listed by Royal LePage In Touch Realty
9732 93 Highway, Midland, ON L4R 4L9
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$699,000.00
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Effective Amortization30 Years
Property Location
9732 93 Highway, Midland, ON L4R 4L9
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