#608 699 Aberdeen Boulevard, Midland, Ontario, L4R5P2

For sale

13 days ago

$440K

#608 699 Aberdeen Boulevard, Midland, Ontario, L4R5P2

2 bd2 ba1 pk950 ft²+$836/mo

Listed by ROYAL LEPAGE RCR REALTY

57 Discovery Trail, Midland, Ontario, L4R0H4

For sale

13 days ago

$400K

57 Discovery Trail, Midland, Ontario, L4R0H4

2 bd3 ba2 pk1,300 ft²+$664/mo

Listed by Keller Williams Experience Realty

795 Jane Boulevard, Midland, Ontario, L4R5M3

For sale

15 days ago

$695K

795 Jane Boulevard, Midland, Ontario, L4R5M3

4 bd3 ba2 pk1,900 ft²+$567/mo

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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$450,000

Midland

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$450,000

For sale

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#72 696 King Street, Midland - Single Family for Sale

#72 696 King Street, Midland, Ontario, L4R5B7

2 beds2 baths2 parking1,100 ft²$415/mo condo feeListed 76 days ago

Overview

This 2-bedroom, 2-bathroom condo in Midland is for sale offering roughly 1,100 sq ft of space. Listed at $450,000, it is attractively priced about 13% below the $519,900 median asking price in Midland. It has been on the market 76 days, fresher than the Midland average of 99 days.

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

Description

This end-unit condo bungalow offers 2 bedrooms, 2 full bathrooms and convenient main level living in a well-maintained Midland community. The layout includes an open living and dining area, functional kitchen and a primary bedroom with a full ensuite and sliding door walkout to the exclusive-use rear patio. As an end unit, the home benefits from additional natural light and direct access to the backyard. An attached garage with interior entry and private driveway provide parking for two vehicles. Heating and cooling are provided by a newer ductless heat pump, with electric baseboards for backup heat. Additional updates include a newer owned hot water tank and fridge. Monthly condo fees of just over $400 include water, snow removal, lawn maintenance and exterior maintenance, including the roof and windows. Located close to shopping, healthcare and other Midland amenities, this property is well suited to buyers looking for a manageable one-level home or investors looking for a low-maintenance rental property with an existing tenant. (id:66096)

Property Details

MLS®: S13697204
Property Type: Single Family
Zoning: RT
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Waterfront: Yes
Condo Fee: $415/mo
Fee Includes: Water, Insurance
Ownership

Rooms

Main level

Kitchen: 3.7 x 2.28 meters
Living room: 6.62 x 3.91 meters
Primary Bedroom: 4.19 x 3.58 meters
Bedroom 2: 3.63 x 3.45 meters
Utility room: 3.7 x 1.21 meters

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

Features

Foundation: Block
Exterior: Brick
Lot Features: Flat site

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

76d

Midland listings, avg age

99d

Price / ft²

$409

List price

$450K

Haho

This 2-bed single family in Midland has been listed for 76 days, which is 23 days fresher than the city average of 99. Act while there is still low competition.

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Listed by Team Hawke Realty · JIM HAWKE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4R)

This home lists at $450,000, about 6.4× the local median household income of $70,500.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$450,000· $409/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$269/mo

Condo fee$415/mo

Total monthly$3,054

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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