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Property Description
Welcome to your next investment opportunity to own in sought after West End Midland. *** Only 11 years old !!!! *** purpose built legal duplex has so much potential. Live in one and rent out the other or perfect for a large family home or multi-generational living. This meticulously maintained property offers spacious living in a prime location boasting a total of 2160 square feet with 3 bedrooms up and 2 down (easily changed to 3). Featuring recent upgrades of fresh paint and new flooring. A spacious split entry with shared laundry gives access to the upper and lower living. Large egress windows provide bright natural light. There is plenty of parking, 3 decks and a large garden shed for your storage. Surrounded by mature trees ensuring privacy while being close to schools, parks, and steps to downtown and waterfront for shopping, restaurants and the Georgian Bay lifestyle. Seize the opportunity on this turn-key home which is ready for you to move into. CALL: to find out about this property which has future potential to add a 3 unit and/or a triple garage.
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Property Features
Arts Centre, Golf, Hospital, Marina, Waterfront
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow-Raised
Approximate Sq.Ft.
2000-2500
Lot Size
94' x 100'
Acreage
< .50
Lot Irregularities
93.99 x 99.88 x 99.84 x 100.124
Fronting
North
Taxes
$3,995 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.32' x 18.50' | W/O To Sundeck |
| Kitchen | Main | 7.74' x 8.43' | |
| Prim Bdrm | Main | 10.01' x 13.75' | |
| Br | Main | 10.40' x 10.66' | |
| Br | Main | 9.68' x 10.60' | |
| Laundry | Main | 7.58' x 9.51' | Tile Floor |
| Living | Lower | 10.24' x 20.41' | |
| Kitchen | Lower | 10.99' x 12.66' | Pantry |
| Prim Bdrm | Lower | 9.74' x 20.41' | |
| Br | Lower | 9.84' x 10.17' |
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Midland Market Statistics
Midland Price Trend
687 MONTREAL St is a 3-bedroom 2-bathroom home listed for sale at $769,900, which is $124,900 (19.4%) higher than the average sold price of $645,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Midland increased by $123,250 (23.6%) compared to the previous 30 day period (December 22 - January 20) and up $134,688 (26.4%) from the same time one year ago.Inventory Change
There were 10 3-bedroom homes listed in Midland over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Midland typically sold ($14,900) (2.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,750 decrease compared to the previous 30 day period (December 22 - January 20) and ($14,388) less 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 3-bedroom homes in Midland over the last 30 days (January 21 - February 19) stood at 90.0%, up from 60.0% over the previous 30 days (December 22 - January 20) and down from 110.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Midland stood at 13 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage In Touch Realty
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