381 Gloucester Street, Midland, ON
Property no longer active
This property was sold on February 28, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $469,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 49.76 x 118.41 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: In-Law Capability
- Efficient forced air heating via gas
Description
Perched on a hill with views of Midland Bay, this charming, detached century home is both a slice of history and a smart investment opportunity. Currently configured as a duplex, the property offers two spacious 2-bedroom units. Upper unit previously rented for $1995 and lower rented for $2295. Each unit is complete with full kitchens and private laundry facilities. Perfectly situated just steps from the marina and a leisurely walk to downtown Midland, this home combines convenience with charm. Recent updates include freshly painted interiors, new exterior doors, upgraded kitchen and bathroom cabinetry, and washers and dryers in both units. Additional improvements, such as a new toilet and sink in the main-floor bathroom and a 200-amp upgraded electrical box, total over $40,000 in renovations. With its unbeatable location, timeless character, and modern upgrades, this property is an exceptional opportunity waiting for you!
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Property Summary
This duplex located at 381 Gloucester Street, Midland is currently for sale and has been available on SousaSells for 522 days. This property is listed at $469,800 with an estimated mortgage of $1,564* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 381 Gloucester Street, Midland is in the Midland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Marina, Public Transit, Rec./Commun.Centre, School
Interior Features
In-Law Capability
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 381 Gloucester Street, Midland, ON L4R 1J2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Midland, ON
For a property listed at $469,800 in Midland, the legal minimum down payment is $23,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,871 for this transaction. As this listing is in Midland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,871.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.