Sold for:Sold Jun 17, 2025
$514,900

385 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 385 Gloucester Street, Midland

2025-05-13
2025-06-17
Sold
Price
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MLS#
s12145421

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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 385 Gloucester Street, Midland

Turn-key duplex just steps from the water and downtown core with views of Georgian Bay. This lovely income generating home is perfect for first-time buyers looking to supplement their mortgage or investors looking to expand their portfolio! The main floor unit features 2 bedrooms, updated main bathroom, bright and spacious eat-in kitchen and main floor laundry. It also features a flex room which could be used a den, gym area or potential third bedroom. Cozy main floor family room and office nook with window views of the bay! The upper unit features 1 bedroom, living room with views of the water, kitchen and 3-piece bathroom. Good-sized yard with recently constructed patio, carport for parking and outside bistro area for upper unit. Close to all amenities!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,593
Land Transfer Tax Fee
$6,773

Basement Type
Unfinished, Partial Basement

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Beach, Golf, Library, Park, Public Transit, School

Building

Building Type
Multiplex
Building Style
1 Storey/Apt

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Stone, Block
Special Designation
Unknown

Lot

Lot Front
40.00 ft
Lot Depth
120.00 ft
Lot Size
4800

Inclusions

Inclusions
Dishwasher, Dryer, Refrigerator, Stove, Washer, Upstairs Fridge, Upstairs Stove

Parking & Garages

Garage Type
Carport
Garage Spaces
4
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
2
Kitchens
2

Room sizes

  • Primary Bedroom—
    Main level
  • Bedroom—
    Main level
  • Foyer—
    Main level
  • Kitchen—
    Main level, Eat-in Kitchen
  • Den—
    Main level
  • Living Room—
    Main level
  • Office—
    Main level
  • Bedroom—
    Second level
  • Kitchen—
    Second level, Eat-in Kitchen
  • Living Room—
    Second level

Washrooms

  • 4-piece, Main
  • 3-piece, Second

Municipality
Midland
Neighbourhood
Midland
Main cross streets
Manly & Gloucester
Zoning
RM1
Directions
HWY 12 to King St to Bay St to Manly St to Gloucester

MLS® number
S12145421
Data source
Toronto Regional Real Estate Board
Status change
2025-06-17
Listed on
2025-05-13
Days on market
35 days
Possession type
Flexible
Co-op commission
2.5% of sale price + HST
Seller
Listed by
EXIT REALTY TRUE NORTH

Home Market Value

Current home valuation for 385 Gloucester Street, Midland, Midland, ON. Listed for $514,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 385 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

$
Midland, ON
Minimum Down Payment Required:5.1%

5% on first $500K + 10% on $14,900 over $500K

Minimum down payment

$26,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,525$14,366$12,255$0
=Total mortgage
$507,650$477,776$449,920$411,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,479monthly$2,333monthly$2,197monthly$2,011monthly
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Land Transfer Tax

Provincial

$6,773

Total Land Transfer Tax

$6,773

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