870 Birchwood Drive, Midland, ON

$599,900
MLS#:S9146165
5 beds
2 baths
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 31, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 50 x 100 ft lot size
  • Features a full, 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: Auto Garage Door Remote, Guest Accommodations, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare opportunity to own a meticulously maintained bungalow with a legal apartment downstairs, perfect for large families, multigenerational living, or rent it and make your dream home even more affordable. Enjoy open concept living with 3+2 bedrooms, 2 full bathrooms, 2 full kitchens and both units have their own laundry. The nicely landscaped fully fenced yard backs onto a mature treed greenbelt and is separated into 2 separate spaces for additional privacy. The roof, windows, and doors have all been updated within the last 10 years. The home has been freshly painted and is in move-in ready condition. Low maintenance and quick access to Highway 12. Truly the epitome of multigenerational living or a dream investment. You don't want to miss this one!

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Property Summary

This detached home located at 870 Birchwood Drive, Midland is currently for sale and has been available on SousaSells for 721 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 870 Birchwood Drive, Midland is in the Midland neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2024
Sold price information is available to members only
Listed Date7/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size50 × 100 Feet
CountySimcoe
Annual Tax$4,413
Legal DescriptionLT 3 PL 1508 MIDLAND; S/T RO235508; MIDLAND

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Library, Park, Rec./Commun.Centre, School

Interior Features

Auto Garage Door Remote, Guest Accommodations, In-Law Capability, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Virtual Tours

Location

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870 Birchwood Drive, 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 870 Birchwood Drive, Midland, ON L4R 4Y2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Midland, ON

For a property listed at $599,900 in Midland, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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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.