347 FOURTH Street, Midland, ON

$599,900
MLS#:S11920187
3 beds
2 baths
3.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on January 17, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 60 x 156 ft lot size
  • Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Well built, lovely all brick, 3 bedroom, 2 bath home in the heart of Midland. Pride of ownership is apparent throughout, starting with the stone walkway and fragrant shrubs flanking the front yard as you enter the home. The Features are abundant, including newer modern kitchen, spacious living/ dining room combination, updated baths, lovely hardwood flooring, 3 bedrooms on 2nd level, lower level with walk out to covered living space, 2nd bath, wet bar, and separate entrance for in-law potential. Amazing private fully fenced backyard, 2 outdoor sheds, new shingles (2018) heat pump (2024), A/C, f/a gas furnace, mostly newer windows and an abundance of indoor storage space. Minutes walk to downtown, Parks, Rec. Centre, schools, and all amenities. Look no further!!

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Property Summary

This detached home located at 347 FOURTH Street, Midland is currently for sale and has been available on SousaSells for 550 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 347 FOURTH 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
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 17, 2025
Sold price information is available to members only
Listed Date1/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionBrick
BasementWalk-Out, Finished
Lot Size60 × 156 Acres
CountySimcoe
Annual Tax$3,499
Legal DescriptionPT LT 5 E/S WEBSTER ST PL 356 MIDLAND AS IN RO1459226; MIDLAND

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

None

Security Features

Community Features

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Location

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347 FOURTH 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 347 FOURTH Street, Midland, ON L4R 3V1

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$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Midland, ON

For a property listed at $599,900 in Midland, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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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.