$399,900

For sale

#608 699 Aberdeen Boulevard, Midland, Ontario, L4R5P2

2 bd2 ba1 pk950 ft²+$836/mo

Listed by ROYAL LEPAGE RCR REALTY

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$400K

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2 bd3 ba2 pk1,300 ft²+$664/mo

Listed by Keller Williams Experience Realty

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For sale

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$695K

795 Jane Boulevard, Midland, Ontario, L4R5M3

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Listed by RE/MAX HALLMARK CHAY REALTY

16 Danielle Crescent, Midland, Ontario, L4R0H3

For sale

26 days ago

$530K

16 Danielle Crescent, Midland, Ontario, L4R0H3

3 bd3 ba2 pk1,500 ft²+$679/mo

Listed by RE/MAX Georgian Bay Realty Ltd

Investment analysis

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$399,900

Midland

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Overview

This 2-bedroom, 1-bathroom condo in Midland is for sale offering roughly 650 sq ft of space. Listed at $399,900, it is attractively priced about 23% below the $519,900 median asking price in Midland. It has been on the market 64 days, fresher than the Midland average of 99 days.

Condos for Sale in Midland →All real estate in Midland →

Description

Penthouse overlooking Georgian Bay, anyone? If you have ever wanted a condominium with a large balcony and water views, this may be the one for you!! It comes with 2 parking spaces and all the amenities for the building are at your finger tips, including a party room, a gazebo and right across the street is our amazing waterfront walking trail that can take you to the many shops and restaurants in downtown Midland, as well as parks and marinas. Enjoy being situated in an established and very desirable neighbourhood close to the YMCA, rec centre, curling club, the library, the hospital, cultural centres, golf courses and all the other activities our shoreline community has to offer you. Commuting distance to Barrie, Wasaga Beach, Orillia, and 90 minutes to the Toronto area. This is the perfect opportunity for your first home, or to downsize and simplify. Arrange your personal visit today. (id:66096)

Property Details

MLS®: S13730886
Property Type: Single Family
Zoning: RA D71. BH13
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $608/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,345.33/yr
Listed: 64 days ago

Area context

Neighbourhood profile (L4R)

This home lists at $399,900, about 5.7× the local median household income of $70,500.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 11% above 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)

$399,900· $616/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$279/mo

Condo fee$608/mo

Total monthly$2,993

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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#415 280 Aberdeen Boulevard, Midland - Single Family for Sale

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