796 Coral Springs Lane, Midland, ON

$529,900
MLS#:S10408279
2 beds
2 baths
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 24, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $529,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Premium 19.9 x 115.81 ft lot size
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Water Meter, Rough-In Bath
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to a move-in-ready townhouse, blending modern updates with practical features, ideal for anyone seeking a comfortable home in a serene, south-east Midland community with easy access to amenities and outdoor spaces*Single paved drive accommodates 2 vehicles (no sidewalk interruption) and leads to a garage perfect for parking or storage*A back door in the garage provides convenient access to the backyard, simplifying lawn maintenance*Professionally installed unistone stairs guide you to a covered front entry, and an underground downspout prevents tripping hazards and ice build-up*Upon entering, you are greeted by a framed floor-to-ceiling mirror, a handy shelf, and stylish Umbra hooks*The stairway, enhanced with a contemporary newel post, metal pickets, and luxury Berber carpeting, leads to the second floor*On the main is a compact two piece washroom with a practical pocket door*The well-appointed kitchen includes four new stainless appliances: it also features a double sink and pass-through to the living/dining area*The living space is further enhanced by a large slider leading to a spacious raised deck with side privacy panels, ideal for relaxation or entertaining*No rear neighbour*A mature tree and western exposure provide a tranquil backdrop*On the second floor, the large primary bedroom features a walk-in closet*A good-sized second bedroom overlooks the backyard, and a spacious shared four piece bathroom, with a linen closet, updated vanity, and mirror, completes this level*The basement family room, with two above-grade windows, is a versatile space that could serve as a guest room or 3rd bedroom*A basement laundry area, bonus storage space, and a roughed-in bathroom, offer potential for future expansion and customization*Easy-care plank-style laminate vinyl flooring runs throughout*Brand-new A/C unit installed August 2024*All-brick exterior built by Helicon*New shingles 2021*Do not miss this opportunity to make this clean, updated townhouse your new home

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Property Summary

This townhouse located at 796 Coral Springs Lane, Midland is currently for sale and has been available on SousaSells for 620 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 796 Coral Springs Lane, Midland is in the Midland neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 24, 2024
Sold price information is available to members only
Listed Date11/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFull, Partially Finished
Lot Size19.9 × 115.81 Feet
CountySimcoe
Annual Tax$2,789.69
Legal DescriptionPT BLK 4 PL51M825 PT 3 51R34136; S/T EASEMENT FOR ENTRY AS IN SC4000900; MIDLAND

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater, Water Meter, Rough-In Bath, Separate Hydro Meter, Separate Heating Controls, Sump Pump

Security Features

Community Features

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Location

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796 Coral Springs Lane, 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 796 Coral Springs Lane, Midland, ON L4R 0A1

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$158,970 (30.0%)
* Minimum Canadian down payment required for this price is $27,990.
Amortization Period30 Years
Estimated Monthly Payment$1,764Based on a loan of $370,930 over 30 years.
Purchase Price$529,900
Loan Amount$370,930
Provincial Land Transfer Tax:$7,073
Total Estimated Closing Taxes:$7,073

About Purchasing a Home in Midland, ON

For a property listed at $529,900 in Midland, the legal minimum down payment is $27,990 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 $7,073 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 $7,073.

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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.