326 CHRISTINE DRIVE, MIDLAND

2026-07-22
 

Quick Summary

Location
326 CHRISTINE DRIVE, MIDLAND, Ontario L4R5A4
Price
$550,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1100 - 1500 sqft
Bedrooms:
4 bed +3
Bathrooms:
2
Garages:
3

MLS®#S13589338

Property 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:32467)

Property Features

Building

  • Appliances: Stove, Refrigerator
  • Architectural Style: Raised bungalow
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Cooling Type: None
  • Exterior Finish: Brick Facing, Vinyl siding
  • Fireplace: No
  • Interior Size: 1100 - 1500 sqft
  • Building Type: Duplex
  • Stories: 1
  • Utility Water: Municipal water

Features

  • Feature: In-Law Suite

Land

  • Land Size: 51.3 x 101 FT
  • Sewer: Sanitary sewer

Information entered by RE/MAX By The Bay Brokerage
Listing information last updated on: 2026-07-21 18:57:57


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