634 Dominion Avenue, Midland

$639,800
634 Dominion Avenue

$639,800

New
10d
Detached2-Storey

634 Dominion Avenue, Midland

Total Monthly Obligation $3,295

Beds
3
Baths
3
Park
3
Sqft
1100-1500
DOM
10d
Score
20
Yield
5.1%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-S14030978
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 150 ft
Listed on site-Oct 13, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$4,071.04 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-100% PARTNERS REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60 to 90 days
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Welcome to 634 Dominion Avenue, Midland, a spacious and updated 3-bedroom, 3-bathroom home offering flexibility for families, investors, or buyers looking for additional income potential. fully renovated 1400+ sqf priced at $639,800, this move-in-ready property features a freshly painted exterior and windows, a bright and inviting interior, and plenty of space to make your own.The main living area offers a large modern kitchen with stainless steel appliances, generous cabinetry and counter space, along with an open-concept living and dining area ideal for everyday living and entertaining. Easy-care laminate and tile flooring flow throughout, while the expansive rear deck overlooks a large, private, tree-lined backyard.The finished basement features a bachelor unit with a separate entrance, providing excellent potential for additional rental income or flexible living arrangements. The upper portion of the home is currently occupied by a great tenant with an excellent payment history who consistently pays on time and is willing to stay or vacate, offering added flexibility for both investors and end users.Ideally located in the heart of Midland, within walking distance to shopping, parks, schools and Georgian Bay, this property combines space, convenience and income potential in one versatile package. Whether you're looking for a family home, an investment opportunity, or the best of both, 634 Dominion Avenue is one to see.***AI-Generated Images / Virtual Staging Disclaimer: Certain photographs have been digitally altered or virtually staged using AI for illustrative purposes only. Furniture, décor, appliances, finishes, and other features shown may not be present at the property. Images are intended to illustrate potential use and layout only and may not accurately represent the property's current condition. Buyers are advised to verify all property features, measurements, inclusions, and finishes independently.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$511,840
Land Transfer Taxes$9,271
Legal Fees (Est.)
$
Total cash required for closing$138,731

Total Monthly Obligation

$3,295/mo
Mortgage $2,581
Monthly Loss $2,616
Principal$679
Interest$1,902
Property Tax$339
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,700/yr
NOI
$20,859/yr
Net Cash Flow
-$843/mo
Cash Margin
-30.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.2/ 100

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

Comparables

Properties near 634 Dominion Avenue

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.