72 Discovery Trail, Unit 10, Midland, ON

$499,000
MLS#:S9042257
1 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on October 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other condo townhouse located in the coveted neighborhood of Midland. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $499,000 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.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to The Seasons on Little Lake! This stylish one-bedroom plus loft 1,177 sq.ft. townhouse combines modern comfort with flexible living spaces. With an emphasis on convenience, experience main floor living with your primary bedroom, complete with a 3pc ensuite bathroom and main floor laundry just steps away. The bright, open-concept living and dining areas are perfect for both everyday living and entertaining, filled with natural light from large windows. The well-equipped kitchen boasts an abundance of cupboard space, sleek stainless steel appliances, and a central island with a double sink and barstool seating, ideal for casual meals and social gatherings. The large, versatile loft space upstairs can be tailored to suit your needs, whether it be a home office, gym, or extra bedroom for guests. The full unfinished basement, complete with rough-in plumbing, presents endless possibilities for customization, allowing you to create the perfect space to suit your lifestyle. Additional features include a single-car detached garage, providing secure parking and extra storage, plus an additional parking space behind the unit. Enjoy maintenance-free living with ground maintenance and snow removal taken care of, giving you more time to relax and enjoy your home. Situated close to all the amenities Midland has to offer, this home provides the perfect blend of comfort and convenience. As this community develops, living will only get better with exciting plans to include walking trails to Little Lake, a tennis center, an archaeological site, boardwalk, amphitheater, community gardens, a whippoorwill pond, members club and a retail hamlet. If being close to Georgian Bay, marinas, downtown, grocery stores, restaurants, golf courses, and the hospital isnt enough, youll only be 1.5hrs from the GTA and under 40mins to both Orillia and Barrie. Dont miss out on this fantastic opportunity schedule your viewing today!

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Property Summary

This townhouse located at 72 Discovery Trail, Midland is currently for sale and has been available on SousaSells for 731 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 1 bed, 2 bathrooms, and is 1000-1199 square feet. 72 Discovery Trail, Midland is in the Midland neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 16, 2024
Sold price information is available to members only
Listed Date7/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleOther
ConstructionWood
BasementUnfinished, Full
CountySimcoe
Annual Tax$3,945

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Campground, Hospital, Marina, Library, Park

Interior Features

Air Exchanger, Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter

Security Features

Other

Community Features

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Location

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72 Discovery Trail, Unit 10, 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 72 Discovery Trail, Midland, ON L4R 0H4

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$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Midland, ON

For a property listed at $499,000 in Midland, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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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.