326 Christine Drive, Midland, ON

$550,000

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4

Beds

2

Baths

1,100

Square feet

About 326 Christine Drive

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.

Features of 326 Christine Drive

MLS® # S13589338
Price $550,000
Bedrooms 4
Bathrooms 2.00
Square Footage 1,100
Type Residential Freehold
Sub-Type Duplex
Style Bungalow-Raised
Status Active

Community Information

Address 326 Christine Drive
Area Simcoe
Subdivision Midland
City Midland
Province ON
Postal Code L4R 5A4

Amenities

Parking Spaces 2
# of Garages 1
Garages Attached
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Finished, Full

Exterior

Exterior Brick Front, Vinyl Siding

Listing Details

OfficeRE/MAX By The Bay Brokerage

Listing Map

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