405 BAY St

Midland | Midland | L4R 1K7
  • 4 + 0
  • 3
  • 0

Ask: $599,000 $580,000

Est. Mtg $1,966 /mo
  • Days on market

    130

  • Status

    Pc

Listing Broker RE/MAX Georgian Bay Realty Ltd
Since listed: 3 views

Home details

MLS #:

S11892281

Property type:
Detached
Style:
1 1/2 Storey
Taxes:
$2,872
Possession:
Flexible
Lot Front:
80.0   Feet
Lot Depth:
60.0   Feet
Basement:
Sep Entrance | Walk-Up
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


405 BAY St, , Midland, Ontario is a Detached property in Midland and in the Midland community in the L4R 1K7 postal code


Great value can be found in this spacious home with income potential, located just steps to downtown, waterfront park, rotary trail, and many other conveniences. This well-kept home features: 4 Bdrms * 2.5 Baths * Main Floor Laundry * Rec Rm W/ Bar Area * Over 1900ft2 of Finished Space * Gas Furnace 2018 * Central Air 2021 * Shingles 2021 * Many Other Improvements * Currently Set Up As 2 Front and Back Apartments: Front unit is 2 Bedroom + Den and Back unit is 2 Bedroom. The current rents are approx $25,200/yr for front unit (will be vacant March 1, 2025) and $21,000/yr for back unit (will be vacant January 1, 2025). New owner can set new rents once vacant. It can easily be converted back to a single family home by opening a doorway. Great home for large family, room for in-laws / Adult Children or great opportunity for rental income. *Photos are from Spring of 2022*.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-12 2025-03 $599,000 $580,000 Pc S11892281

Comparables

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sold Date Address List Price sold Price DOM
2024-12 162 Seventh St W, $465,000 $455,000 14
2024-04 401 Colborne St, $579,000 $560,000 75
2021-07 505 Wellington St, $399,900 $385,000 14
2021-02 295 Queen St, $409,000 $360,000 14
2020-12 361 Third St, $424,900 $419,500 12
2020-05 125 Fourth St, $369,900 $320,000 38
2020-02 837 Bay St, $289,000 $286,000 27
2020-02 837 Bay St, $289,000 $286,000 27
2018-07 265 William St, $279,900 $278,900 11
2018-05 356 Second St, $369,900 $364,500 26
2017-08 401 Colborne St, $349,000 $345,000 21
1995-05 86 FOURTH St, $79,900 $75,500 40
1995-03 401 COLBORNE St, $104,900 $100,000 26
1994-11 250 THIRD St, $139,900 $130,000 93
1994-09 696 BAY St, $99,500 $95,000 174

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Midland :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Midland :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 405 BAY St

Based on available 3rd party data

$2341

Approximate costs per month

Mortgage
$1966 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$239 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Arts Centre
  • Library
  • Marina
  • Park
  • Public Transit
  • School
Listing Broker RE/MAX Georgian Bay Realty Ltd
Data Source: TRREB

Payment calculator

$2206 monthly. In association with: TD Bank
%
  • Principal and Interest
    1966 /mo
  • Property Taxes
    $239 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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