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BEDROOMS3
BATHROOMS3
KITCHENS10
ROOMSS9038604
MLSIDContact Us
Property Description
Fantastic Triplex with Unlimited Potential in Downtown Midland! Discover the possibilities with this remarkable triplex nestled in the heart of downtown Midland, Ontario. Featuring 3 Legal units, this property offers an exceptional opportunity for investors and homeowners alike. With the large backyard space, ample parking, and lots of opportunities for tenant turnover, the potential for rental income or personal use is truly outstanding. Located in a vibrant neighbourhood known for its walkability, residents will enjoy the convenience of urban living with a touch of tranquility. Whether you're looking to expand your investment portfolio or seeking a place to call home, this triplex promises an unparalleled lifestyle. Don't miss out on this chance to own a piece of downtown Midland with endless possibilities.
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Property Details
Street
Community
City
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
50' x 150'
Acreage
< .50
Fronting
East
Taxes
$3,383 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.53' x 18.34' | |
| Kitchen | Main | 7.48' x 9.68' | |
| Prim Bdrm | Main | 9.61' x 9.19' | |
| 2nd Br | Main | 9.61' x 8.83' | |
| Living | 2nd | 18.60' x 12.50' | |
| Kitchen | 2nd | 13.48' x 15.72' | |
| Br | 2nd | 13.02' x 12.50' | |
| Living | 3rd | 12.76' x 12.50' | |
| Kitchen | 3rd | 9.55' x 13.29' | |
| Br | 3rd | 12.99' x 11.42' |
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Midland Market Statistics
Midland Price Trend
643 645 Dominion Ave is a 4-bedroom 3-bathroom home listed for sale at $499,900, which is $295,100 (37.1%) lower than the average sold price of $795,000 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 4 bedroom home in Midland increased by $31,060 (4.1%) compared to the previous 30 day period (July 9 - August 7) and up $157,264 (24.7%) from the same time one year ago.Inventory Change
There were 3 4-bedroom homes listed in Midland over the last 30 days (August 8 - September 6), which is down 66.7% compared with the previous 30 day period (July 9 - August 7) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Midland typically sold ($4,900) (0.6%) below asking price over the last 30 days (August 8 - September 6), which represents a $58,680 increase compared to the previous 30 day period (July 9 - August 7) and ($22,363) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Midland over the last 30 days (August 8 - September 6) stood at 33.3%, down from 55.6% over the previous 30 days (July 9 - August 7) and down from 633.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Midland stood at 8 days when successfully sold over the last 30 days (August 8 - September 6), compared to 35 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Experience Realty
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