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723

MLS® S13589338

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $4,067
Days Active 5
Lot Size 
Approx. Age 
MLS® Number S13589338

Property Address: 326 Christine Dr, Midland, ON, L4R5A4

Average square foot calculated using Size range provided by listing agent.

Description

Legal Midland Duplex with Strong Income Potential - Ideal for Investors or Owner-Occupiers. This legal duplex is located in a convenient Midland neighbourhood, close to the Catholic high school. One of the property's standout features is its rare and desirable layout. The main floor offers 4 bedrooms, while the lower unit provides 3 bedrooms, making it an excellent option for larger families and helping maximize rental appeal.The lower unit is occupied by an excellent long-term tenant on a month-to-month lease, currently paying $1, 835 per month inclusive.The upper unit has recently undergone approximately $25, 000 in renovations and is vacant, giving buyers flexibility from day one. Move in yourself and enjoy the rental income from the lower unit or rent the upper unit to take advantage of an estimated market rent of approximately $2, 600 per month inclusive.The property has a proven rental history, and the 2025 utility costs while both units were occupied totalled $7, 967, broken down as follows:Hydro $3, 327; Gas $1, 126Water & Sewer $1, 468; Hot Water Heater Rental $2, 045. Whether you are looking to live in one unit while generating rental income from the other or add a legal duplex with strong income potential to your investment portfolio, this is a property well worth considering. (id:58753)Show Description
MLS® NumberS13589338
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Full
DrivewayAttached Garage, Garage
Garage Spaces
HeatForced air, Natural gas
A/CNone

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
326 Christine Dr, Midland, ON

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