305 Lindsay Street E, Midland

$649,900
305 Lindsay Street E

$649,900

New
24d
Detached3-Storey

305 Lindsay Street E, Midland

Total Monthly Obligation $3,325

Beds
3
Baths
3
Park
3
Sqft
2000-2500
DOM
24d
Score
17
Yield
4.1%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-S13841186
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-100 × 187.6 ft
Listed on site-Sep 29, 2026
Style-3-Storey
Building Type-Detached
Taxes-$3,947 (2026)
Parking-3 - None
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-RE/MAX Georgian Bay Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Block, Poured Concrete, Stone
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Rare 3 storey century home, solidly built and full of timeless character blended with modern updates, situated on an amazing oversuzed lot. This well maintained home features generous size principle rooms, a modern kitchen with a penisula island, seperate dining room and a welcoming living room with a gas fireplace. On the second floor are two comfortable bedrooms complemented by a 4 piece bath, third floor loft master suite for complete privacy. Step outside to the rear open deck or to the impressive front covered porch to enjoy the lush greenery and mature landscaping offering exceptional privacy and perfect space for outdoor entertaining or simple front porch sitting. The property is truly a private oasis, completely fenced and hedged, a detached 20' x 20' workshop with loft adds the opportunity for the hobby enthusiast or handyman. This house stands out with the modern updates, unique property and setting offering not just a place to live but a place to settle in and enjoy. NOTE: OPEN GHOUSE SATURDAY O TOBER 3RD 11:00 TO 1:00. RALPH POOLE ON DUTY

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

Closing Costs

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

Total Monthly Obligation

$3,325/mo
Mortgage $2,622
Monthly Loss $2,636
Principal$690
Interest$1,932
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.6%16
10-Year IRR
7.9%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,400/yr
NOI
$15,313/yr
Net Cash Flow
-$1,345/mo
Cash Margin
-61.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.7/ 100

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

Comparables

Properties near 305 Lindsay Street E

Time

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Data last updated within the past 24 hours.