692 Victoria Street, Midland, ON

$525,000
MLS#:S12385155
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property no longer active

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

Property Highlights

Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of Midland. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $525,000 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 with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 40.29 x 100.1 ft lot
  • Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Accessory Apartment, In-Law Suite, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

CHARACTER-FILLED LEGAL DUPLEX WITH TWO ABOVE-GRADE UNITS, ENDLESS UPDATES, BUNKIE, & WALKING DISTANCE TO THE WATER! This legal duplex is full of character and possibility, featuring a bright 2-bedroom, 1-bath main home and an above-grade 1-bedroom, 1-bath apartment that offers potential rental income or multi-generational living. Positioned across from Bayview Park with a playground and basketball court, and within walking distance to the harbour, waterfront, trails, schools, and shopping, the setting pairs lifestyle with convenience. The exterior stands out with vinyl siding, an updated roof, newer eavestroughs with gutters, an extended driveway with parking for three, and a welcoming front deck. The private, fully fenced backyard is designed for enjoyment with mature trees, a stone patio, updated steps, and a handy outdoor faucet. A beautifully finished bunkie with heating and cooling offers a versatile bonus space, perfect for a home office, creative studio, or guest retreat, featuring tasteful decor, vaulted ceilings and wood slat accents. The main home showcases a refreshed kitchen with white shaker cabinetry, a tiled backsplash, extended counter space, and some stainless steel appliances, including an updated dishwasher, while the second unit also enjoys a recently updated kitchen with shaker cabinetry, modern hardware, and a brick-style backsplash. Stylish, newer flooring, upgraded stairs, and updated windows elevate the living space, while the renovated bathroom showcases enhanced fixtures, a modern vanity, beadboard details, a wood slat wall and ceiling, and contemporary lighting. Comfort is further enhanced with improved attic insulation and venting. Well-maintained, clean, and move-in ready, this #HomeToStay brings together functionality, charm, and extensive upgrades both inside and out!

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Property Summary

This duplex located at 692 Victoria Street, Midland is currently for sale and has been available on SousaSells for 317 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 692 Victoria 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
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 17, 2025
Sold price information is available to members only
Listed Date9/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementCrawl Space, Unfinished
Lot Size40.29 × 100.1 Feet
CountySimcoe
Annual Tax$2,539.66
Legal DescriptionPT LT 39 E/S SIXTH ST, 40 E/S SIXTH ST PL 357 MIDLAND AS IN RO1024764; MIDLAND

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Park, Place Of Worship, School

Interior Features

Accessory Apartment, In-Law Suite, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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692 Victoria 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 692 Victoria Street, Midland, ON L4R 1B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$157,500 (30.0%)
* Minimum Canadian down payment required for this price is $27,500.
Amortization Period30 Years
Estimated Monthly Payment$1,748Based on a loan of $367,500 over 30 years.
Purchase Price$525,000
Loan Amount$367,500
Provincial Land Transfer Tax:$6,975
Total Estimated Closing Taxes:$6,975

About Purchasing a Home in Midland, ON

For a property listed at $525,000 in Midland, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.

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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.