All photos · 10
317 Hugel Avenue, Midland, ON L4R 1T5
$460,000
Beds
5
Baths
2
Type
Freehold
About this home
Legal duplex located within walking distance to downtown Midland. Excellent investment opportunity with positive cash flow and reliable tenants in place. The upper unit features 3 bedrooms, a full kitchen, living area, and in-suite laundry, currently leased until June 2026 at $1,950/month; vacant from July 1st.. The lower unit offers 2 bedrooms, a full kitchen, and living area with a long-term tenant on a month-to-month lease paying $1,488.76/month (tenant since October 2021). Separate hydro meters for each unit. 2024 utility costs: gas $1,171.80 and water $2,403.
Interior
- · Accessory Apartment
Heating
- · Radiant
Cooling
- · Central Air
Basement
- · Apartment
What it could cost monthly
Estimated monthly
$2,107
Principal & interest, per month
- Mortgage amount
- $368,000
- Down payment
- $92,000
- Total interest paid
- $263,952
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
RE/MAX By The Bay Brokerage
Each office independently owned and operated.