$229,900

For sale

#33 525 Midland Point Road, Midland - Single Family for Sale

#33 525 Midland Point Road, Midland, Ontario, L4R5G9

2 beds1 bath5 parking900 ft²Listed 75 days ago

Overview

This 2-bedroom, 1-bathroom home in Midland is for sale offering roughly 900 sq ft of space. It has been on the market 75 days, fresher than the Midland average of 99 days.

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Description

Here's why 525 Midland Point Road Unit #33 could be your next move -- AFFORDABLE, EASY LIVING STEPS FROM GEORGIAN BAY -- BRIGHT & MOVE-IN READY - Fresh, clean and filled with natural light, this well-maintained 2-bedroom home offers comfortable one-level living with an easy, functional layout. MORE ROOM THAN YOU'D EXPECT - The spacious living and dining areas are complemented by a sunroom, giving you extra space to relax, read, entertain or simply enjoy your morning coffee. PEACE OF MIND - A brand new central air conditioning system has just been installed and a home inspection has already been completed, helping take some of the guesswork out of your next move. DETACHED GARAGE - A paved driveway leads to the detached garage, providing valuable space for parking, storage, hobbies or projects. GEORGIAN BAY AT YOUR DOORSTEP - Located in Leeshore Estates, you're just a short walk from the community's sandy beach and waterfront on beautiful Georgian Bay. Monthly Park Fees $727.23 (Land Lease Fee and Property Taxes) (id:66096)

Property Details

MLS®: S13699776
Property Type: Single Family
Zoning: RM
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Other
Ownership: Leasehold
Property Tax: $926.76/yr
Listed: 75 days ago

Rooms

Main level

Kitchen: 3.47 x 2.89 meters
Living room: 4.27 x 4.58 meters
Dining room: 2.99 x 2.52 meters
Sunroom: 3.45 x 2.19 meters
Primary Bedroom: 3.15 x 3.47 meters
Bedroom 2: 2.59 x 2.01 meters
Mud room: 2.16 x 1.48 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, Microwave, Window Coverings, Garage door opener remote(s), Water Heater
Flooring: Laminate
Foundation: Wood/Piers
Exterior: Aluminum siding, Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity, Cable, Wireless, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

75d

Midland listings, avg age

99d

Price / ft²

$255

List price

$230K

Haho

This 2-bed single family in Midland has been listed for 75 days, which is 24 days fresher than the city average of 99. Act while there is still low competition.

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Listed by RE/MAX Georgian Bay Realty Ltd · KELLY BALD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4R)

This home lists at $229,900, about 3.3× the local median household income of $70,500.

Carrying it typically needs a household income of about $44,908 (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)

$229,900· $255/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,495

Min 5%50%

Mortgage payment$1,211/mo

↳ CMHC premium ($8,736 capitalized)

Property tax (est.)$77/mo

Total monthly$1,288

Cash Needed to Close

Down payment (5%)$11,495

Land transfer tax$2,024

Est. closing costs$3,190

Total cash needed$16,709

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