316 Seventh Street, Midland, ON
Property no longer active
This property was sold on April 23, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $1,099,000 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 192.6 ft lot
- Features a apartment, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment, Auto Garage Door Remote, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Completed In 2024, This Gorgeous Multi-Family Home, Or Investment Property, Offers Over 3,200 Sq Ft Of Premium Finishes & Exceptional Quality. Located In Desirable West-End Midland, Close To All Amenities, This Home Offers Versatile Living With Two Completely Separate 3-Bedroom, 2-Bathroom Suites. Each Suite Features: Bright Open Concept Floor Plans, Custom Kitchens With Quartz Counter Tops & High-End Stainless Steel Appliances, Spa-Like Ensuite Bathrooms And Walk-In Closets In Primary Bedrooms & Separate In-Suite Laundry. Main Floor Suite, Currently Leased At $3,600/Month, Offers Vaulted Ceilings & Walk-Out To Covered Porch. Lower-Level Suite, Which Has Not Been Occupied, Provides High Ceilings, Above Ground Windows With Lots Of Natural Light & Walk-Out To Backyard. Additional Features Include: Brand New Legal Duplex With Massive Floor Plans. Forced Air Gas Heat & A/C With Separate Heating Controls For Each Unit. Double Car Garage With Inside Entry. Parking For Multiple Vehicles In Large Driveway. Whether you're looking for a multi-family home, an investment opportunity, or a way to offset carrying costs, this property provides endless possibilities.
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Property Summary
This detached home located at 316 Seventh Street, Midland is currently for sale and has been available on SousaSells for 515 days. This property is listed at $1,099,000 with an estimated mortgage of $3,658* per month. It has 6 beds, 4 bathrooms, and is 1500-2000 square feet. 316 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Hospital, Library, Marina, School, Wooded/Treed
Interior Features
Accessory Apartment, Auto Garage Door Remote, In-Law Suite, Upgraded Insulation, Water Heater Owned, Air Exchanger, Separate Heating Controls
Security Features
Carbon Monoxide Detectors, 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 316 Seventh Street, Midland, ON L4R 3Z9
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 $1,099,000 in Midland, the legal minimum down payment is $219,800 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 $18,455 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 $18,455.
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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.