825 Birchwood Dr

Midland, Midland, L4R 4Y3
FOR SALE
$494,900
825 Birchwood Dr, Midland
825 Birchwood Dr
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
5 + 4
ROOMS
S8312824
MLSID
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Property Description
AMAZING INVESTMENT OPPORTUNITY! TURN KEY LEGAL DUPLEX FEATURING: 1140 SQUARE FOOT 3BEDROOM 1 BATHROOM MAIN FLOOR SUITE WITH LARGE LIVING, DINING & KITCHEN AREA. PLUS ANOTHER1040 SQUARE FOOT 2 BEDROOM 2 BATHROOM LOWER LEVEL APARTMENT WITH LARGE WINDOWS, LIVING &KITCHEN AREA. WALKOUT TO REAR YARD WITH NEWER DECK AND PATIO INTO LARGE FENCED AND MATURETREED YARD. FORCED AIR GAS HEAT, CENTRAL AIR, 6 APPLIANCES, PAVED DRIVEWAY. CURRENTLYTENANTED AT 2670.00 MONTH TO MONTH PLUS ALL UTILITIES. ALL SITUATED ON A NICE IN TOWN LOT.HOME HAS GOOD BONES BUT IS IN NEED OF SOME TLC. AMAZING OPPORTUNITY FOR SOME SWEAT EQUITYOR JUST CONTINUE RENTING THE AS IS.
Extras
FRIDGE X2, STOVE X2, WASHER X2, DRYER X2
Property Features
Fenced Yard, Park, School, Sloping, Wooded/Treed
Property Details
Community
Property Type
Duplex, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
38' x 152'
Fronting
North
Taxes
$3,889 (2023)
Basement
Apartment, Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrBsmt9.58' x 12.66'
2nd BrBsmt12.66' x 13.42'
KitchenBsmt12.50' x 12.93'
LivingBsmt12.76' x 17.32'
BrMain11.58' x 12.34'
2nd BrMain8.76' x 12.76'
3rd BrMain9.15' x 12.34'
LivingMain12.34' x 12.66'
DiningMain10.17' x 12.34'
KitchenMain10.66' x 12.01'
Midland Market Statistics
Midland Price Trend
825 Birchwood Dr is a 3-bedroom 3-bathroom home listed for sale at $494,900, which is $133,100 (21.2%) lower than the average sold price of $628,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Midland increased by $63,834 (11.3%) compared to the previous 30 day period (March 15 - April 13) and up $26,750 (4.4%) from the same time one year ago.
Inventory Change
There were 19 3-bedroom homes listed in Midland over the last 30 days (April 14 - May 13), which is up 111.1% compared with the previous 30 day period (March 15 - April 13) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Midland typically sold ($20,338) (3.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,645 increase compared to the previous 30 day period (March 15 - April 13) and ($15,575) 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 (April 14 - May 13) stood at 63.2%, down from 133.3% over the previous 30 days (March 15 - April 13) and up from 42.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Midland stood at 24 days when successfully sold over the last 30 days (April 14 - May 13), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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