318 Colborne Street, Midland, ON

$549,900
MLS#:S12671670
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium aluminum siding and brick front construction, this residence presents an exceptional opportunity offered at $549,900 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 1100-1500 sqft on a premium 76.5 x 113.4 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: In-Law Capability, Rough-In Bath, Water Heater Owned
  • Efficient baseboard heating via electric

Description

Welcome to 318 Colborne Street, where space, flexibility, and Midland lifestyle come together. Set on a rare double lot just minutes from the downtown core, this inviting four-level side split offers 3+1 bedrooms and two full bathrooms, with a layout that easily supports in-law living, extended family, or potential rental opportunities. Warm up by one of two gas fireplaces, or step outside to your own private backyard retreat featuring a fully fenced yard and inground pool - ideal for summer days and effortless entertaining. Freshly painted on the exterior in 2024, this home shows pride of ownership throughout. Enjoy being close to Midland's vibrant restaurants, shops, and waterfront, with Georgian Bay living right at your doorstep. Elementary & High Schools are just minutes away too! A home that adapts to your lifestyle - today and into the future.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 28, 2026
Sold price information is available to members only
Listed Date1/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 4
ConstructionAluminum Siding, Brick Front
BasementFull, Finished
Lot Size76.5 × 113.4 Feet
CountySimcoe
Annual Tax$3,758
Legal DescriptionLT 22 PL 932 MIDLAND; PT LT 6 PL 1217 MIDLAND AS IN RO538599; S/T RO230667; MIDLAND

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Fenced Yard, Library, Marina, Park, Rec./Commun.Centre

Interior Features

In-Law Capability, Rough-In Bath, Water Heater Owned

Security Features

Community Features

Location

Initializing map...
318 Colborne Street, Midland, ON
Loading local market trends...

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 318 Colborne Street, Midland, ON L4R 2J9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$29,990 (5.5%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period25 Years
Estimated Monthly Payment$3,098Based on a loan of $519,910 over 25 years.
Purchase Price$549,900
Loan Amount$519,910
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Midland, ON

For a property listed at $549,900 in Midland, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

Nearby Listings

Distance:

No current listings found in Midland.

Similar Listings Nearby

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$691,519

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

Secondary Schools

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

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.