$550,000
Est. payment $2,435/moCalculate yours
326 Christine Drive, Midland, ON L4R 5A4
Midland, Midland, ON L4R 5A4
- 4 + 3 Beds
- 2 Baths
- 1 Garage
- 1,100 Sq Ft
Listing courtesy of RE/MAX By The Bay Brokerage MLS® S13589338
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 4 + 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Finished, Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 51.3 x 101 Feet
- Parking
- Attached garage · 3 total
Financial
- Property Taxes
- $4,067 (2025)
Location
- Neighbourhood
- Midland
- Cross Street
- Maxwell Ave
- Direction Faces
- North
Listing
- MLS® Number
- S13589338
- Days on Market
- 89
- Listed On
- 2026-07-21
- Possession
- Immediate
- Listed By
- RE/MAX By The Bay Brokerage
Features
Interior
- In-Law Suite
Pool
- None
- Included
- 2 x Fridge, 2 x Stove
- Rental items
- Hot Water Heater. Furnace, A/C
Mortgage calculator
Estimated mortgage payment
$2,435 per month
- Principal and interest
- $2,435
- Property tax
- $339
- Condo fees
- $0
- Estimated monthly cost
- $2,774
Your mortgage
- Mortgage amount
- $440,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $290,584
Cash to close
- Down payment
- $110,000
- Land transfer tax
- $7,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $117,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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