315 Scott Street, Midland, ON

$549,000
MLS#:S9282387
3 beds
2 baths
1500-2000 sqft
5.5 parking
Residential Freehold
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Property no longer active

This property was sold on October 23, 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 $549,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 49.8 x 114 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.5 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Top 5 Reasons You Will Love This Home: 1) Lovingly maintained family home nestled in a prime location, just a stone's throw away from schools and parks, including the picturesque Tiffin Park, the serene Little Lake, and Georgian Bay, while still benefiting from the convenience of being only 15 minutes from Highway 400 access, making this an ideal spot for both relaxation and easy commuting 2) Experience the effortless charm of this home, where a flowing layout seamlessly connects a sunlit and expansive eat-in kitchen with an airy, inviting living room and an additional sitting room perfect for relaxation or entertaining, while the two generously sized bedrooms and family bathroom provide ample space for the entire family 3) The fully finished basement, complete with its own private entrance, is a versatile gem designed to enhance your living space, boasting a sizeable bedroom, 2-piece ensuite bathroom and recreation room, offering the perfect setting for an in-law suite or the potential for generating extra income 4) Outside, you will find a fully fenced backyard featuring a garden shed, a sprawling deck that beckons for gatherings and relaxation, and a generous expanse of lush greenspace that invites children to play and pets to roam freely and the attached garage, designed to fit 1.5 cars comfortably, pairs seamlessly with a private driveway that offers ample space for up to four additional vehicles, ensuring there's plenty of room for you and your guests 5) Experience peace of mind with a host of recent updates, including a newer furnace, central air conditioner, a garage door opener for effortless convenience, and a deck thoughtfully outfitted with a gas line, perfect for hosting memorable barbecues and enjoying outdoor meals with ease. 2,474 fin.sq.ft. Age 66. Visit our website for more detailed information.

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Property Summary

This detached home located at 315 Scott Street, Midland is currently for sale and has been available on SousaSells for 688 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 315 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
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 23, 2024
Sold price information is available to members only
Listed Date8/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 3
ConstructionAluminum Siding, Brick
BasementFinished, Separate Entrance
Lot Size49.8 × 114 Feet
CountySimcoe
Annual Tax$4,079.37
Legal DescriptionLT 47 S/S SCOTT ST PL 649 MIDLAND; MIDLAND

Parking & Garage

Parking Spaces5.5
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, School

Interior Features

Sump Pump

Security Features

Community Features

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Location

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315 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 315 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$164,700 (30.0%)
* Minimum Canadian down payment required for this price is $29,900.
Amortization Period30 Years
Estimated Monthly Payment$1,827Based on a loan of $384,300 over 30 years.
Purchase Price$549,000
Loan Amount$384,300
Provincial Land Transfer Tax:$7,455
Total Estimated Closing Taxes:$7,455

About Purchasing a Home in Midland, ON

For a property listed at $549,000 in Midland, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.

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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.