$630,000
184 Woodland Drive, Midland, ON L4R 4E3


Midland, ON L4R 5A4
7 Bed · 2 Bath · Duplex
MLS #S13589338
Listed Price
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.
Bedrooms
7
Bathrooms
2
Square Feet
1100-1500 sqft
Property Type
Duplex
Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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326 Christine Drive, Midland, ON L4R 5A4 is a 7-bedroom, 2-bathroom bungalow-raised duplex with approximately 1100-1500 square feet of living space, situated on a 51 101 foot lot. This property is currently for sale at $550,000. The home features a attached garage and a finished, full basement.
This home is located in Midland, part of Midland in the Simcoe area. Explore more homes for sale and recently sold properties in this neighbourhood.
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