346 Yonge Street, Midland

$514,900
346 Yonge Street

$514,900

New
28d
Detached1 1/2 Storey

346 Yonge Street, Midland

Total Monthly Obligation $2,678

HausQ Valuation Report
Beds
3
Baths
2
Park
5
Sqft
1100-1500
DOM
28d
Score
25
Yield
6.4%
Cash on Cash
3.7%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Detached
MLS® Number-S13828240
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55.95 × 97 ft
Listed on site-Sep 25, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,711 (2025)
Parking-5 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Team Hawke Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Recently updated and move-in ready, this three-bedroom, two-bathroom home offers a comfortable blend of modern improvements and practical features. An enclosed porch provides a welcoming transition into the home, while the fully fenced yard and large two-tier deck create an ideal setting for outdoor dining, entertaining, or relaxing. The detached 16' x 20' workshop is heated and insulated for year-round use, making it perfect for hobbies, projects, storage, or a home-based workspace. With 200-amp electrical service, new roof, and thoughtful upgrades throughout, this property is ready to be enjoyed from day one.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$411,920
Land Transfer Taxes$6,773
Legal Fees (Est.)
$
Total cash required for closing$111,253

Total Monthly Obligation

$2,678/mo
Mortgage $2,077
Monthly Loss $2,131
Principal$547
Interest$1,530
Property Tax$226
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.3%4
5-Year IRR
13.9%64
10-Year IRR
13.7%
Returns Index
33.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,880/yr
NOI
$22,381/yr
Net Cash Flow
-$212/mo
Cash Margin
-7.7%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
32.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 346 Yonge Street

Time

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