316 Seventh Street
Midland, ON L4R 3Z9
- 3+3Bedrooms
- 4Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $1,568Tax
- 50×193 ftLot Size
Estimated Value:$775,299See Free Estimate Report
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About 316 Seventh Street, Midland
Completed In 2024, This Gorgeous Multi-Family Home, Or Investment Property, Offers Over 3,200 Sq Ft Of Premium Finishes & Exceptional Quality. Located In Desirable West-End Midland, Close To All Amenities, This Home Offers Versatile Living With Two Completely Separate 3-Bedroom, 2-Bathroom Suites. Each Suite Features: Bright Open Concept Floor Plans, Custom Kitchens With Quartz Counter Tops & High-End Stainless Steel Appliances, Spa-Like Ensuite Bathrooms And Walk-In Closets In Primary Bedrooms & Separate In-Suite Laundry. Main Floor Suite, Currently Leased At $3,600/Month, Offers Vaulted Ceilings & Walk-Out To Covered Porch. Lower-Level Suite, Which Has Not Been Occupied, Provides High Ceilings, Above Ground Windows With Lots Of Natural Light & Walk-Out To Backyard. Additional Features Include: Brand New Legal Duplex With Massive Floor Plans. Forced Air Gas Heat & A/C With Separate Heating Controls For Each Unit. Double Car Garage With Inside Entry. Parking For Multiple Vehicles In Large Driveway. Whether you're looking for a multi-family home, an investment opportunity, or a way to offset carrying costs, this property provides endless possibilities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,568
- Land Transfer Tax Fee
- $18,455
Rental Items
- Rental Equipment
- None.
- Basement Type
- Apartment, Finished with Walk-Out
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Accessory Apartment, Auto Garage Door Remote, In-Law Suite, Upgraded Insulation, Water Heater Owned, Air Exchanger, Separate Heating Controls
- View
- Trees/Woods
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch, Landscaped, Privacy, Year Round Living
- Pool
- None
- Property Features
- Beach, Hospital, Library, Marina, School, Wooded/Treed
- Accessibility Features
- Open Floor Plan
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 0-5
Construction
- Exterior Finish
- Vinyl Siding, Stone
- Roof
- Fibreglass Shingle
- Foundation Details
- Insulated Concrete Form
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 192.60 ft
- Lot Size
- 0.222
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 2 Refrigerators, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers.
Exclusions
- Exclusions
- Tenant's Belongings
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 3 + 3
- Washrooms
- 4
- Kitchens
- 2
- Family / bonus room
- Yes
Washrooms
- 4-piece, Main
- 4-piece, Main
- 4-piece, Lower
- 4-piece, Lower
- Municipality
- Midland
- Neighbourhood
- Midland
- Main cross streets
- Yonge St. & Seventh St.
- Zoning
- R3
- MLS® number
- S11977162
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-04-23
- Listed on
- 2025-02-18
- Days on market
- 64 days
- Possession date
- 2025-04-30
- Possession type
- Flexible
- Co-op commission
- 2.5% + Tax - Thanks.
- Seller
- Listed by
- Royal LePage In Touch Realty
Home Market Value
Current home valuation for 316 Seventh Street, Midland, Midland, ON. Listed for $1,099,000
HOMEH Estimate
$775,299
Estimated Sales Range
$542,709 - $1,007,889
HOMEH Estimate for 316 Seventh Street, Midland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $599,000 over $500K
$84,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,531 | $30,662 | $26,156 | $0 |
=Total mortgage | $1,053,809 | $1,019,762 | $960,306 | $879,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,145monthly | $4,979monthly | $4,689monthly | $4,293monthly |
Land Transfer Tax
$18,455
$18,455
Around this home
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