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Listed 2 months ago

375 Horrell Avenue

Midland, Midland

$449,777

Detached|2-Storey
2 | 1 | 4
About this home

Welcome to 375 Horrell Avenue in Midland, a great opportunity for first-time buyers, investors, or those looking for an affordable home in a convenient in-town location. Situated on a generous 60' x 100' lot, this property is within walking distance to local amenities and the beautiful shores of Georgian Bay. The home features two bedrooms and a functional layout with an eat-in kitchen, separate dining room, and comfortable living room, providing plenty of space for everyday living. Additional highlights include a paved driveway and a spacious in-town lot with room to enjoy the outdoors. Whether you're looking to get into the market or add to your investment portfolio, this property offers plenty of potential in a centrally located Midland neighbourhood.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,400
Lot Size60 ft x 100 ft
mls© NumberS13674652
Listed ByRE/MAX Georgian Bay Realty Ltd

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%
$2,302
Property tax
$200
Heat allowance
$150
Housing costs
$2,652 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,955
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,955

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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