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$499,990
Midland
418 Dominion Avenue, Midland, Ontario, L4L1P2
This 8-bedroom, 3-bathroom home in Midland is for sale. Listed at $499,990, it is attractively priced about 14% below the $579,000 median asking price in Midland.
Rare opportunity to own a spacious Victorian-style home in the heart of Midland with views of beautiful Georgian Bay. Offering approximately 3,000 sq. ft. of living space, this 24-storey residence features 8 bedrooms, 3 bathrooms, soaring 9-foot ceilings, original hardwood flooring, two fireplaces, oversized principal rooms, and timeless architectural details thatare becoming increasingly difficult to find. Whether you're an investor, contractor, or buyer looking to create additional income while living in the property, this home offers exceptional potential. The flexible layout is ideal For a large family, multi-generational living, or future conversion opportunities (buyer tocomplete their own due diligence regarding zoning and permitted uses).Recent improvements include a steel roof, updated electrical and plumbing, and some newer windows, providing a solid foundation for further renovations and value creation. Enjoy a welcoming front verandah, large foyer, abundant natural light, and a location just steps from downtown Midland, Georgian Bay, restaurants, shopping, schools, hospital, marina, and recreational facilities (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 144 days on market, against an average age of 97 days across the listings currently for sale in this city
This 8-bed single family in Midland is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,990, about 4.5× the local median household income of $110,000.
Carrying it typically needs a household income of about $97,666 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L4L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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