307 Scott Street, Midland, ON

$539,900
MLS#:S9366587
4 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 3 detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $539,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 49.8 x 114 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Sump Pump, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your new family oasis in the heart of the picturesque city of Midland! This stunning 4-bedroom, 2-bathroom home offers the perfect blend of comfort, convenience and style, making it an ideal haven for families seeking the ultimate living experience. Nestled in the charming town of Midland, known for its scenic beauty and vibrant community spirit, this spacious home boasts a large fenced backyard, providing ample space for kids and pets to play freely and for family gatherings. Imagine spending sunny afternoons hosting barbecues or relaxing in the shade of mature trees, creating cherished memories that will last a lifetime. Step inside, and you'll be greeted by a light-filled, freshly painted living space adorned with new flooring in the dining room and living room. The large open kitchen features plenty of counter space, modern appliances, and ample storage for all your cooking essentials. This home is not just about beauty; it's about peace of mind too. With shingles replaced in 2019, the furnace replaced in 2015, and a brand-new A/C unit in 2022, you can rest assured knowing that your family's comfort and safety are prioritized. Plus, the added convenience of a new washer and dryer in 2022 means laundry day will be a breeze! Laundry had been located previously on the main floor by the backdoor, and can be relocated back. Conveniently located near top-rated schools and just moments away from fantastic shopping and everyday amenities, this home in Midland offers the perfect blend of family-friendly living and convenience. Don't miss this rare opportunity to own a piece of paradise in Midland. Schedule your private showing today and discover why this charming city is the perfect place to call home for you and your family!

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Property Summary

This detached home located at 307 Scott Street, Midland is currently for sale and has been available on SousaSells for 659 days. This property is listed at $539,900 with an estimated mortgage of $1,797* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 307 Scott Street, Midland is in the Midland neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 10, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 3
ConstructionAluminum Siding, Brick
BasementFull, Unfinished
Lot Size49.8 × 114 Feet
CountySimcoe
Annual Tax$3,123.66
Legal DescriptionLT 49 S/S SCOTT ST PL 649 MIDLAND; MIDLAND

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Public Transit, Park

Interior Features

Sump Pump, Carpet Free

Security Features

Smoke Detector

Community Features

Virtual Tours

Location

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307 Scott Street, Midland, ON
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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 307 Scott Street, Midland, ON L4R 2M9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Midland.

Configure Loan Settings

Interest Rate4.00%
Down Payment$161,970 (30.0%)
* Minimum Canadian down payment required for this price is $28,990.
Amortization Period30 Years
Estimated Monthly Payment$1,797Based on a loan of $377,930 over 30 years.
Purchase Price$539,900
Loan Amount$377,930
Provincial Land Transfer Tax:$7,273
Total Estimated Closing Taxes:$7,273

About Purchasing a Home in Midland, ON

For a property listed at $539,900 in Midland, the legal minimum down payment is $28,990 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 $7,273 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 $7,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Midland, Midland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$662,087

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Huron Park
Public425 Robert Street, Midland, Ontario, L4R 2M2
6.0
Mundy's Bay
Public340 Sixth Street, Midland, Ontario, L4R 3Y4
4.4
Sacred Heart
Public241 Elizabeth Street, Midland, Ontario, L4R 1Y5
2.6
Bayview
Public845 Ottawa Street, Midland, Ontario, L4R 1C9
5.8
Monsignor Castex
Public120 Penetanguishene Road, Midland, Ontario, L4R 4Z6
5.8

Secondary Schools

Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3
St. Theresa’s
Catholic347 Galloway Boulevard, Midland, Ontario, L4R 5B2
5.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.