This property was sold on October 28, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $539,900 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.
You've Hit The Bullseye With This One & Here Are The Reasons Why! 1) This Property Is A Fantastic Duplex Investment Opportunity Located In The Heart Of Midland 2) It's A Well-Maintained 2+2 Bedroom, 2 Bathroom, 2.5 Storey Home That's Perfect For First Time Home Buyers Or Investors 3) Situated On A Fully Fenced Treed Lot, Providing Both Privacy And A Sense Of Tranquility 4) The Location Couldn't Be Better - Just A Short Walk To Downtown Midland, Where You'll Find Amazing Amenities Such As Shopping, Restaurants, And Even Georgian Bay. So Don't Hesitate - Take Advantage Of This Exciting Opportunity Today!
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This detached home located at 649 Bay Street, Midland is currently for sale and has been available on SousaSells for 715 days. This property is listed at $539,900 with an estimated mortgage of $1,797* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 649 Bay Street, Midland is in the Midland neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Marina, Public Transit, Waterfront, Wooded/Treed
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Data-driven valuation for 649 Bay Street, Midland, ON L4R 1L8
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 $539,900 in Midland, the legal minimum down payment is $28,990 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 $7,273 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 $7,273.
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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.