Sold for:Sold Feb 28, 2025
$469,800

381 Gloucester Street

Midland, ON L4R 1J2

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 381 Gloucester Street, Midland

2025-02-10
2025-02-28
Sold
Price
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MLS#
s11964749

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 381 Gloucester Street, Midland

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,674
Land Transfer Tax Fee
$5,871

Rental Items

Rental Equipment
hot water heater-approx. $40/month

Basement Type
Partial Basement, Unfinished

Interior Features

Interior Extras
In-Law Capability
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Library, Marina, Public Transit, Rec./Commun.Centre, School
Other Structures
Garden Shed

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete, Stone
Special Designation
Unknown

Lot

Lot Front
49.76 ft
Lot Depth
118.41 ft

Inclusions

Inclusions
all appliances & light fixtures as is

Exclusions

Exclusions
none

Parking & Garages

Garage Type
None
Garage Spaces
5
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
4
Washrooms
2
Kitchens
2

Room sizes

  • Kitchen—
    Main level, West View
  • Living Room—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bathroom—
    Main level
  • Foyer—
    Upper level
  • Kitchen—
    Upper level
  • Primary Bedroom—
    Upper level
  • Bedroom 2—
    Upper level
  • Bathroom—
    Upper level

Washrooms

  • 4-piece, Second
  • 3-piece, Basement

Municipality
Midland
Neighbourhood
Midland
Main cross streets
Manly and Gloucester
Zoning
RM1

MLS® number
S11964749
Data source
Toronto Regional Real Estate Board
Status change
2025-02-28
Listed on
2025-02-10
Days on market
18 days
Possession date
2025-02-28
Possession type
February 28, 2025
Co-op commission
2.5% +HST
Seller
Listed by
BOSLEY REAL ESTATE LTD.

Home Market Value

Current home valuation for 381 Gloucester Street, Midland, Midland, ON. Listed for $469,800

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Estimated Sales Range

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HOMEH Estimate for 381 Gloucester Street, Midland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Midland, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$23,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$17,852$13,107$11,181$0
=Total mortgage
$464,162$435,927$410,511$375,840
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$2,266monthly$2,128monthly$2,004monthly$1,835monthly
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Land Transfer Tax

Provincial

$5,871

Total Land Transfer Tax

$5,871

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