$349,900

For sale

308 Russell Street, Midland - Single Family for Sale

308 Russell Street, Midland, Ontario, L4R3A2

3 beds1 bath2 parking1,300 ft²28 × 172 ft (4,816 sq ft) lot sizeListed 16 days ago

Overview

This 3-bedroom, 1-bathroom home in Midland is for sale offering roughly 1,300 sq ft of space. Listed at $349,900, it is attractively priced about 40% below the $579,000 median asking price in Midland. It has been on the market 16 days, fresher than the Midland average of 99 days.

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Description

Top 5 Reasons You Will Love This Home: 1) Bright, custom-designed kitchen thoughtfully crafted for both style and functionality, with an abundance of natural light creating a warm and inviting space 2) Recently remodeled full bathroom offering peace of mind, complete with a modern granite-topped vanity and contemporary finishes 3) Ideally situated just minutes from vibrant downtown Midland, with convenient access to the scenic Tiffin walking trail for year-round outdoor enjoyment 4) Spacious and private backyard surrounded by mature trees and enhanced by the deep lot, creating a peaceful, shaded retreat perfect for relaxing, entertaining, or play 5) Fantastic opportunity for first-time buyers to enter the market, ideally located just minutes from the beautiful shores of Georgian Bay, local marinas, and waterfront parks. 1,167 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:66096)

Property Details

MLS®: S14094584
Property Type: Single Family
Zoning: RS2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 28 × 172 ft (4,816 sq ft)
Frontage: 28 ft
Storeys: 2
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $2,437/yr
Listed

Rooms

Main level

Kitchen: 4.09 x 3.87 meters
Dining room: 4.26 x 2.61 meters
Living room: 4.26 x 3.92 meters
Laundry room: 2.4 x 1.45 meters

Upper Level

Primary Bedroom: 4.28 x 2.5 meters
Bedroom: 4.14 x 2.01 meters
Bedroom: 2.49 x 2.16 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Flooring: Laminate
Foundation: Stone
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Midland listings, avg age

99d

Price / ft²

$269

List price

$350K

Haho

This 3-bed single family in Midland has been listed for 16 days, which is 83 days fresher than the city average of 99. Act while there is still low competition.

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Listed by FARIS TEAM REAL ESTATE BROKERAGE · MARK FARIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4R)

This home lists at $349,900, about 5.0× the local median household income of $70,500.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $70,500
Population: 19,245
Median age: 50.4
Owner / renter: 68% / 32%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L4R)

$349,900· $269/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$203/mo

Total monthly$2,046

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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