514 QUEEN Street, Midland, ON

$560,000
MLS#:S10439756
3 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 6, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $560,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 55 x 132 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: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this adorable and move-in-ready gem, perfect for first-time buyers or those looking to downsize! This cozy home greets you with a welcoming entrance, complete with a convenient 2-piece bath. The spacious living room offers ample space for relaxation and entertainment, with an additional nook that can serve as a delightful toy room or a functional home office. The heart of the home is the beautifully kitchen, featuring crisp white cabinets, stylish butcher block countertops, and a gas stove. The adjoining eat-in dining area is perfect for enjoying meals in a cozy setting. Plus sliding doors to the backyard. Upstairs, you’ll find two inviting bedrooms and a tastefully renovated bathroom. The lower level offers even more living space, with a generously sized rec room, a third bedroom, a dedicated laundry area, and plenty of utility and storage space. Step outside to a reboarded back deck, ideal for summer barbecues or relaxing evenings. The detached garage boasts a newer cement floor, adding to the home's practical appeal. Newer roof gives you piece of mind. Most windows were done in 2016. As well as newer laminate flooring thruout. Conveniently located close to schools, shopping, parks, and downtown, this charming property combines comfort, functionality, and location—making it a must-see! Don’t miss out on this perfect starter home or downsizing opportunity!

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Property Summary

This detached home located at 514 QUEEN Street, Midland is currently for sale and has been available on SousaSells for 619 days. This property is listed at $560,000 with an estimated mortgage of $1,864* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 514 QUEEN 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
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date11/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementPartially Finished, Full
Lot Size55 × 132 Feet
CountySimcoe
Annual Tax$3,449.97
Legal DescriptionLT 13 & PT LT 14 W/S COMPTON ST PL 635; PT OF 14 FT WIDE LANE (CLOSED BY RO1198276) E/S WELLINGTON ST & W/S COMPTON ST, PT 2 PL 51R31094; MIDLAND

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

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Location

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514 QUEEN 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 514 QUEEN Street, Midland, ON L4R 3J5

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.

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Interest Rate4.00%
Down Payment$168,000 (30.0%)
* Minimum Canadian down payment required for this price is $31,000.
Amortization Period30 Years
Estimated Monthly Payment$1,864Based on a loan of $392,000 over 30 years.
Purchase Price$560,000
Loan Amount$392,000
Provincial Land Transfer Tax:$7,675
Total Estimated Closing Taxes:$7,675

About Purchasing a Home in Midland, ON

For a property listed at $560,000 in Midland, the legal minimum down payment is $31,000 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 $7,675 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 $7,675.

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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.