723 Algonquin Drive, Midland, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick front and aluminum siding construction, this residence presents an exceptional opportunity offered at $529,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 67.74 x 118.74 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned, Water Softener, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Wait until you see this one! A fantastic layout, updated kitchen complete with a large island for hosting, quartz countertops with under-cabinet lighting - this home is a perfect blend of modern updates, functional living space, a backyard retreat with single garage including entry to lower level and double wide driveway - there is NO work required ! The spacious primary bedroom has a large walk-in closet and convenient semi-ensuite access. Second bedroom with large window, currently used as an office has room for a queen bed. Downstairs, the cozy recreation room is warmed by a gas fireplace, built in shelving for your home library and storage under the stairs. The renovated lower-level has one additional bedroom for guests, a 3-piece bathroom with a stunning walk-in shower, and the office/den with integrated laundry provides flexible space for working from home, hobbies, or guests. Step outside to enjoy the large rear deck with gazebo overlooking the fully fenced backyard with firepit patio and garden shed. Updated appliances and the efficient heat pump provides year-round comfort with ice-cold central air in the summer, and the on-demand water heater keeps up with needs. Total Utility costs average $266.20/month making this home super affordable, main heat is from the fireplace with a back up heat pump and then baseboard. Filled with natural light and offering privacy, this move-in-ready home is conveniently located close to Midland's vibrant downtown, parks, shopping, restaurants, marinas, and excellent schools. Don't miss this one!
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Property Summary
This detached home located at 723 Algonquin Drive, Midland is currently for sale and has been available on SousaSells for 2 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 723 Algonquin Drive, Midland is in the Midland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
School, Rec./Commun.Centre, Public Transit, Park, Lake/Pond, Hospital
Interior Features
Water Heater Owned, Water Softener, Primary Bedroom - Main Floor, Storage, On Demand Water Heater, Carpet Free, Auto Garage Door Remote
Security Features
Smoke Detector
Community Features
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 723 Algonquin Drive, Midland, ON L4R 4X6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Midland, ON
For a property listed at $529,900 in Midland, the legal minimum down payment is $27,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,073 for this transaction. As this listing is in Midland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,073.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.