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351 Borden Street, Midland, ON, L4R 4N7

MLS® # 40666532
new listing
Investment For Sale In Midland, Ontario
$870,000
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
351 Borden Street, Midland, ON
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ACTIVE
351 Borden Street, Midland, ON, L4R 4N7
$870,000

Property Information:

Looking for a centrally located, purpose-built 5-plex in the heart of Midland? Look no further than this exceptional investment opportunity! This well-maintained building includes three 2-bed/1-bath units, one 1-bed/1-bath unit, and a spacious two-story 2-bed/2-bath landlord's unit, complete with its own driveway, garage, and large backyard. The three 2-bedroom units are vacant and primed for current market rents—two have been recently renovated, while the third is awaiting final touches. The property also boasts a new roof (2024), several updated windows (2023), and convenient on-site coin laundry. Whether you're looking to rent out all five units for maximum income or prefer to live in the spacious landlord unit while renting out the remaining four for steady cash flow, this property offers incredible flexibility. Located just moments from downtown Midland, tenants will enjoy easy access to shops, restaurants, parks, schools, and public transportation. With Midland's vibrant community and prime location, this building is an attractive rental option, ensuring steady income and long-term appreciation. Whether you're a seasoned investor or entering the real estate market, this low-maintenance, high-return property is a fantastic opportunity!

Inclusions: None,Coin Operated Washer, Coin Operated Dryer

Building Features:

  • Floor Space: 4494 Square Feet

Property Features:

  • Bedrooms: 9
  • Acres Range: < 0.5
  • Basement: None
  • Built in: 1973
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 4494 Square Feet
  • Heating: Natural Gas, Radiant
  • Laundry Features: Coin Operated
  • Lot Depth: 125.07 Feet
  • Lot Features: Hospital, Marina, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 70.00 Feet
  • Parking Features: Attached Garage, Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 351 Borden Street, Midland, ON, L4R 4N7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 351 Borden Street , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.7 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 351 Borden Street , experiences 11 significant 2-day storms per year, with about 322.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 411mm of precipitation per year.

Precipitation Per Storm

Past
322.5mm
2050
411mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 351 Borden Street, Midland, ON, L4R 4N7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,180.28

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.85 %

High school certificate or equivalent

36.97 %

Apprenticeship trade certificate/diploma

6.89 %

College/non-university certificate

25.68 %

University Degree

9.61 %

Commuter

Travel To Work

By Car

86.09 %

By Public Transit

0.0 %

By Walking

11.6 %

By Bicycle

0.14 %

By Other Methods

2.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.13 %

Houses

77.87 %

Own Vs. Rent

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