413 Cornell Drive, Midland

$649,900
413 Cornell Drive

$649,900

New
28d
DetachedSidesplit

413 Cornell Drive, Midland

Total Monthly Obligation $3,429

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
28d
Yield
4.4%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-S13830516
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-125.19 × 101.04 ft
Listed on site-Sep 25, 2026
Style-Sidesplit
Building Type-Detached
Age-51-99
Taxes-$5,186.15 (2025)
Parking-6 - Attached
Basement-Partially Finished, Crawl Space, Full
Heating-Forced Air (Gas)
Brokerage-Real Broker Ontario Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete, Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Move-in ready, large lot on one of Midland's most desirable streets with tremendous value and many improvements!! The home includes a Generac generator, updated kitchen, newer appliances, updated laundry plumbing, 2026 washing machine, hot water tank, gas fireplace and venting, additional electrical outlets, front door, chair lift, and flooring throughout the living and dining rooms. The kitchen has been enhanced with additional cabinetry and new countertops, along with a dishwasher, stove and refrigerator all replaced within the last five years. There's plenty of room for a growing family with 3 bedrooms upstairs plus a 4th bedroom on the lower level. The spacious lower-level rec room with gas fireplace is perfect for family movie nights and gatherings, while the layout offers excellent potential to create an in-law suite or separate living space. Storage is exceptional, with an abundance of additional space in the basement level and crawl space. Outside, step from the rear deck into the fenced backyard, complete with a garden shed, or relax with your morning coffee on the covered front porch overlooking this quiet and peaceful street. The attached double garage offers plenty of space for vehicles plus a workbench for tools and additional storage. And there's another special feature - deeded access to Little Lake via a trail at the end of the street, giving you the opportunity to enjoy the water just steps from home. Whether you're a first-time buyer, moving up for more space or looking for a home with future multi-generational potential, this home offers an impressive combination of upgrades, space, storage and location in a desirable Midland neighbourhood - don't miss this opportunity!!

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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,429/mo
Mortgage $2,622
Monthly Loss $2,739
Principal$690
Interest$1,932
Property Tax$432
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 413 Cornell Drive

Time

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