326 Christine Drive
Midland
Midland
L4R 5A4
$520,000
Residential Freehold
beds: 4+3
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- S14105432
- Bedrooms:
- 4+3
- Bathrooms:
- 2
- Photos (16)
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Legal Duplex in Midland - Excellent Opportunity for Investors or Owner-Occupiers! A combination of space, flexibility and income potential, this legal duplex in Midland is an excellent opportunity for investors or buyers looking to offset their mortgage with rental income.Conveniently located in an established neighbourhood close to the Catholic high school. Four bedrooms in the upper unit and three bedrooms in the lower unit. Recently completed approximately $25,000 in renovations in the upper vacant unit. The new owner to move in immediately or select their own tenant. Estimated market rent for this unit is approximately $2,600 per month inclusive.The lower unit is occupied by an excellent long-term tenant on a month-to-month tenancy, currently paying $1,835 per month inclusive. With both units rented at the current and estimated rates, the property offers potential gross rental income of $4,435 per month, or $53,220 annually.For buyers considering the investment potential, the property has an established rental history. Total utility costs for 2025, when both units were occupied, were $7,967, including hydro ($3,327), gas ($1,126), water and sewer ($1,468), and hot water heater, (approx $400.00).Whether you're an investor looking to expand your portfolio or a homeowner seeking the financial benefits of a second rental unit, this legal duplex offers versatility, established income and the opportunity to generate additional revenue from day one.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Duplex
- Home Style:
- Bungalow-Raised
- Total Approx Floor Area:
- 1100-1500
- Lot Depth:
- 101'30.8 m
- Lot Frontage:
- 51'4"15.6 m
- Direction Faces:
- North
- Bedrooms:
- 4+3
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Kitchens:
- 2
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 3
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 7
- Rooms Below Grade:
- 5
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Block
- Roof:
- Asphalt Shingle
- Basement:
- Finished, Full
- Fireplace/Stove:
- No
- Garage:
- Attached
- Garage Spaces:
- 1.0
- Parking Spaces:
- 2
- Total Parking Spaces:
- 3.0
- Family Room:
- No
- Possession Details:
- flexible
- Pool:
- None
- HST Applicable To Sale Price:
- Not Subject to HST
- Taxes:
- $4,067 / 2025
- Assessment:
- $- / -
- Simcoe
- Midland
- Midland
- In-Law Suite
- Hot Water Heater.
- 2 x Fridge, 2 x Stove
- Brick Front, Vinyl Siding
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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Photo 2 of 16
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Renovated Main Level Unit
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Renovated Main Level Unit
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Renovated Main Level Unit
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Renovated Main Level Unit
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Renovated Main Level Unit
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Renovated Main Level Unit
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Listed by RE/MAX By The Bay Brokerage
Data was last updated October 30, 2026 at 03:15 AM (UTC)
- DAVID WEEKS
- CENTURY 21 B.J ROTH REALTY LTD
- 1 (705) 3218707
- Contact by Email
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