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Midland, Midland
$499,990
Rare opportunity to own a spacious Victorian-style home in the heart of Midland with views of beautiful Georgian Bay. Offering approximately 3,000 sq. ft. of living space, this 24-storey residence features 8 bedrooms, 3 bathrooms, soaring 9-foot ceilings, original hardwood flooring, two fireplaces, oversized principal rooms, and timeless architectural details thatare becoming increasingly difficult to find. Whether you're an investor, contractor, or buyer looking to create additional income while living in the property, this home offers exceptional potential. The flexible layout is ideal For a large family, multi-generational living, or future conversion opportunities (buyer tocomplete their own due diligence regarding zoning and permitted uses).Recent improvements include a steel roof, updated electrical and plumbing, and some newer windows, providing a solid foundation for further renovations and value creation. Enjoy a welcoming front verandah, large foyer, abundant natural light, and a location just steps from downtown Midland, Georgian Bay, restaurants, shopping, schools, hospital, marina, and recreational facilities
No extras listed.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2500-3000 sq. ft. |
| Property Tax | $4,033 |
| Lot Size | 60 ft x 70 ft |
| mls© Number | S13445334 |
| Listed By | RE/MAX EXPERTS |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $336
- Heat allowance
- $150
- Housing costs
- $3,045 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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