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Key Facts
Key facts for 590 Lafontaine Road E
Property Type
House, Bungalow
Parking
Detached 1 garage, 10 parking
MLS #
S12416512
Size
3000-3500 sqft
Basement
None
Listed on
2025-09-19
Lot size
43 x 1399.82
Tax
$2,278 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
Exceptional Investment & Lifestyle Property! This property presents a rare opportunity to potentially create a triplex with an accessory unit. I deal for investors or those seeking multi-family potential., fully tenanted with A+ tenants on 1-year leases, generating over $4,000/month in rental income.... Each unit is self-contained with its own hydrometer and in-suite laundry. Set on over 8.5 acres with 900+ feet of frontage on Lafontaine Road East, the property offers incredible development potential, natural beauty, and a peaceful, private setting. Enjoy established walking trails and a partial fence that helps keep animals out perfect for those dreaming of a hobby farm, retreat, or future expansion. Located on a municipally maintained road with year-round access, this property is minutes from the Midland Hospital, marinas, multiple beautiful beaches, and all the shopping, schools, and recreation the Midland and Penetanguishene areas have to offer. Whether you're an investor looking for strong returns, a builder with vision, or a buyer seeking multi-family living in a serene, accessible location this property delivers unmatched potential and value. Opportunities like this don't come often this is one you'll want to walk before its gone.
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