$439,900

For sale

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#608 699 Aberdeen Boulevard, Midland - Single Family for Sale

#608 699 Aberdeen Boulevard, Midland, Ontario, L4R5P2

2 beds2 baths1 parking ft²

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67 Discovery Trail, Midland, Ontario, L4K0H5

For sale

28 days ago

$500K

67 Discovery Trail, Midland, Ontario, L4K0H5

2 bd4 ba2 pk1,300 ft²+$618/mo

Listed by Century 21 B.J. Roth Realty Ltd

Investment analysis

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$439,900

Midland

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Overview

This 2-bedroom, 2-bathroom condo in Midland is for sale offering roughly 950 sq ft of space. Listed at $439,900, it is attractively priced about 15% below the $519,900 median asking price in Midland. It has been on the market 12 days, fresher than the Midland average of 98 days.

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Description

Tiffin Pier Waterfront Condominium located on the Shores of Georgian Bay. Warm, bright, sun filled South exposure, 2 bedroom, 2 bath unit is turn key. Kitchen has stone countertop, extended breakfast bar, open concept with dining and living room. Great for entertaining with picturesque South West views from the large balcony where gas BBQ allowed. Walk along the Shore of Georgian Bay and the Trans-Canada Trail. Owned parking, bike storage and storage locker. Great amenities at Tiffin Pier including gym, lap pool, sauna, rooftop patio overlooking MidlandBay (id:66096)

Property Details

MLS®: S14109850
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $836/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,805.54/yr
Listed: 12 days ago

Area context

Neighbourhood profile (L4R)

This home lists at $439,900, about 6.2× the local median household income of $70,500.

Carrying it typically needs a household income of about $85,928 (20% down, 25-yr amortization, stress-tested) — roughly 22% 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)

$439,900· $463/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,995

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,716 capitalized)

Property tax (est.)$317/mo

Condo fee$836/mo

Total monthly$3,470

Cash Needed to Close

Down payment (5%)$21,995

Land transfer tax$5,273

Est. closing costs$3,820

Total cash needed$31,088

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#608 699 Aberdeen Boulevard, Midland - Single Family for Sale

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