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Listed 1 month ago

338 Gloucester Street

Midland, Midland

$649,900

Detached|2-Storey
4 | 3 | 4
About this home

Top 5 Reasons You Will Love This Home: 1) Charming duplex Century Home ideally situated on a large corner lot with nearly 200' of frontage on a quiet street, where the refreshing breeze off the bay creates a peaceful setting, lovingly maintained by the same owner for the past 30 years 2) Solidly built and full of timeless character, this well-maintained home features generously sized principal rooms, a welcoming living room with a wood-burning fireplace, and a spacious kitchen designed for everyday living 3) Step outside to an impressive deck overlooking lush greenery and mature landscaping, offering exceptional privacy and the perfect space for outdoor dining, entertaining, or simply relaxing in the fresh air 4) Enjoy an unbeatable location just moments from the bay, nearby parks, and everyday amenities, while the detached 24'x16' shop provides incredible flexibility for vehicle storage, hobbies, or a dedicated workshop 5) Separate tenant suite delivering outstanding versatility, providing the opportunity for rental income, comfortable accommodations for extended family, or a private space for multi-generational living. 2,436 above grade sq.ft. plus an unfinished basement.

Extras

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Got questions?

Contact Ephy directly.

agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$3,707
Lot Size60 ft x 197.3 ft
mls© NumberS13761904
Listed ByFARIS TEAM REAL ESTATE BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$309
Heat allowance
$150
Housing costs
$3,785 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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