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For Sale

317 Hugel Avenue

Midland, Midland, ON
$460,000
3+2Bd
2Ba
900+sqft
3Parking
50 x 150 ftlot
$511/sqft
MultiplexMLS# S12890206Listed 2026-03-1731 DOM
Cooling
Central Air

On the market for 31 days — longer than average. The seller may be open to negotiation.

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.

Features

  • Accessory Apartment
  • Apartment
  • Central Air
  • Bungalow-Raised

Financials

Annual Taxes
$2,968

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield8.3% – 12.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Midland

Days on market31 days
Buyer's MarketSeller's Market

Based on active listings in Midland. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$460,000
317 Hugel Avenue, Midland
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