358 Bay Street, Midland, ON
Property no longer active
This property was sold on June 13, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $370,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 50 x 120 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Top 5 Reasons You Will Love This Home: 1) Established just steps from Midlands charming downtown and the picturesque waterfront, this inviting bungalow offers the ultimate in convenience and lifestyle, where you will enjoy easy access to boutique shops, cozy cafés, restaurants, scenic walking and biking trails, and the tranquil shores of Georgian Bay, all just a short stroll from your front door 2) Boasting solid bones and a functional layout, this 4 bedroom, 2 bathroom home is a true blank canvas, whether you choose to update it gradually or embark on a full renovation, the possibilities are endless to transform this space into your ideal home, perfectly tailored to your taste and lifestyle 3) Opportunities like this are rare, especially in such a desirable location, offering incredible value in todays market; whether your'e a first-time buyer, someone looking to downsize or an investor, its a smart opportunity to build equity and long-term potential 4) Set on a great lot at the top of the hill, the home offers plenty of space for outdoor living, excellent for gardening, entertaining, or simply relaxing in your own backyard retreat, there's room to bring your outdoor vision to life 5) The partially finished basement expands your options with room for a recreation room, guest suite, home office, or even a future in-law setup, its a valuable extension of the home, offering space to grow and adapt to your needs. 947 above grade sq.ft. plus a partially finished basement. Visit our website for more detailed information. *Please note some images have been virtually staged to show the potential of the home.
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Property Summary
This detached home located at 358 Bay Street, Midland is currently for sale and has been available on SousaSells for 406 days. This property is listed at $370,000 with an estimated mortgage of $1,232* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 358 Bay Street, Midland is in the Midland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 358 Bay Street, Midland, ON L4R 1K2
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 $370,000 in Midland, the legal minimum down payment is $18,500 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 $4,025 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 $4,025.
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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.