162 Seventh Street, Midland, ON
Property no longer active
This property was sold on December 23, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $465,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 50 x 200 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
Desirable West End Midland property with a large deep lot of 200 FT featuring a 1.75 storey home with 4 bedrooms and 2 baths and offering a seasonal view of Georgian Bay. Large eat-in kitchen with a window above the double sink allows a view of the backyard. Main floor laundry room could also be a perfect spot for pantry/storage. There is a 2 piece bathroom off the laundry room for convenience as well as access to the backyard. The two sheds have their own hydro and is the perfect little workshop. The primary bedroom on the main level could have the drywall removed to have a larger living room and the door is the access to basement. Upstairs are 3 bedrooms with a 4 piece bathroom. The basement offers high ceiling height and could be transformed into an amazing rec room. Gas furnace 2015, asphalt shingles on back addition done in 2024 and new dryer in laundry area.
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Property Summary
This detached home located at 162 Seventh Street, Midland is currently for sale and has been available on SousaSells for 588 days. This property is listed at $465,000 with an estimated mortgage of $1,548* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 162 Seventh Street, Midland is in the Midland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 162 Seventh Street W, Midland, ON L4R 3Z2
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 $465,000 in Midland, the legal minimum down payment is $23,250 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 $5,775 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 $5,775.
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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.