547 Nelson Street, Midland, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $400,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 66 x 82.5 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
HERE'S WHY 547 NELSON STREET COULD BE YOUR NEXT MOVE ***A SMART STEP INTO HOME OWNERSHIP*** A solid 2-storey that gives you space, function, and value - without jumping into the deep end.***UPDATED WHERE IT MATTERS*** Kitchen and key areas have already been improved, so you're not starting from scratch. ***JUST ENOUGH SPACE*** 2 bedrooms, 1 bathroom and a layout that works - no wasted space, no overwhelm. ***QUIET STREET, CENTRAL LOCATION*** Tucked on a dead-end street in town - low traffic but close to everything. ***A HOME YOU CAN BUILD ON*** Move in comfortably today, and over time add your own touches and value.
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Pricing & Value Insights
Data-driven valuation for 547 Nelson Street, Midland, ON L4R 3L7
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 $400,000 in Midland, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.
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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.