359 Galloway Boulevard, Midland

$599,900
359 Galloway Boulevard

$599,900

New
15d
DetachedBungalow

359 Galloway Boulevard, Midland

Total Monthly Obligation $3,129

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
15d
Score
80
Yield
12.6%
Cash on Cash
31.2%
Cap Rate
11.3%
5Y IRR
41.6%
10Y IRR
37.8%
Property Type-Detached
MLS® Number-S13876290
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-52.49 × 101.71 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,015 (2026)
Parking-4 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX Georgian Bay Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Welcome to 359 Galloway Blvd, a beautifully maintained 3-bedroom, 2-bath bungalow where pride of ownership is evident inside and out. Bright and welcoming, the home offers plenty of natural light, a comfortable living area, stainless steel appliances, and a cozy wood-burning fireplace. One of the real highlights is the outdoor living space. Step from the kitchen onto the large elevated deck-a great spot for summer dinners, morning coffee or entertaining while enjoying the open view behind the property. Downstairs, the walkout lower level provides additional flexibility and direct access to the fenced backyard and covered patio area. An attached garage with inside entry adds everyday convenience and completes a home that has clearly been well cared for. With bungalow living on the main floor and additional space below, this property is an excellent fit for downsizers who aren't ready to sacrifice space, or families looking for that next step up.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,129/mo
Mortgage $2,420
Monthly Loss $2,493
Principal$637
Interest$1,783
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
9.9%88
Cash-on-Cash
23.6%97
5-Year IRR
35.3%100
10-Year IRR
32.3%
Returns Index
96.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
80/ 100
Good•Buy

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$75,480/yr
NOI
$59,417/yr
Net Cash Flow
$2,532/mo
Cash Margin
40.2%99
Cash Flow Index
99.4/ 100
Risk Profile
Weight: 20%
DSCR
2.0596
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
54.1/ 100

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

Comparables

Properties near 359 Galloway Boulevard

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.