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$450,000
Midland
#72 696 King Street, Midland, Ontario, L4R5B7
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.
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)
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: 76 days on market, against an average age of 99 days across the listings currently for sale in this city
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.
Approximate location — exact address confirmed upon showing
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.
Source: Statistics Canada, 2021 Census (FSA L4R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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