326 Christine Drive, Midland, ON L4R 5A4
- $550,000
- $550,000
Overview
- Duplex, Style Bungalow-Raised
- 7
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.
Address
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Address: Christine
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City: Midland
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State/county: Simcoe
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Zip/Postal Code: L4R 5A4
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Area: Midland
Details
Updated on September 29, 2026 at 6:04 pm-
Price $550,000
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Bedrooms 7
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Type Duplex, Style Bungalow-Raised
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Property Status Residential Freehold
Additional details
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Square Footage 1100-1500
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Bedrooms 4
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Bedrooms Plus 3
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Kitchens 1
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Total Kitchens 2
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Heating Source Gas
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Heating Fuel Forced Air
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Air Conditioning None
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Front 51.3
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Depth 101
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Parking Description Attached
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Parking Spaces 2
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Total Parking Spaces 3
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Pool None
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Exterior Finish Brick Front, Vinyl Siding
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Property Orientation North
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Sewers Sewer
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Cross Street Maxwell Ave
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Taxes 4067
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Tax Year 2025
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Occupancy Tenant
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Courtesy of RE/MAX By The Bay Brokerage
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Contact Information
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