This property was sold on September 11, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $585,900 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.
WELCOME to your new home located in the Desired area in the west side of Midland! As you go through this warm and inviting home your heart will be captured with the charm and character that a century home can offer. This home has been lovingly maintained by the same owner for 52 years. Features showcased are hardwood flooring throughout, laminate in the Kitchen, 9.2ft ceilings, beamed ceilings in the Living Room and Dining Room, and French doors with original glass knobs. The spacious formal Living Room/Parlour invites you to enjoy the streetscape through your large bow window. A generous sized Dining Room flows through to the bright sunroom providing a serene and relaxing view of the deep backyard. Perfect for family gatherings, or just morning coffee. In the evenings, enjoy the gas fireplace in the comfort of the open concept Family Room. The single car garage conveniently has drive through access to the yard. Shingles 2014, Furnace 2016, CAC 2016. This home will not disappoint you!
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This detached home located at 342 Seventh Street, Midland is currently for sale and has been available on SousaSells for 717 days. This property is listed at $585,900 with an estimated mortgage of $1,950* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 342 Seventh Street, Midland is in the Midland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Beach, Fenced Yard, Park, School
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 342 Seventh Street W, Midland, ON L4R 3Z1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Midland.
About Purchasing a Home in Midland, ON
For a property listed at $585,900 in Midland, the legal minimum down payment is $33,590 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 $8,193 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 $8,193.
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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.