486 HANNAH STREET, Midland

$499,900

For sale: Detached

Detached at 486 HANNAH STREET, Midland
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® S13797614
Neighbourhood
Midland

Discover this standout 3-Unit investment opportunity in a friendly Midland neighbourhood. This property features modern updates on 3 floors; ***Main Floor: 2 bedrooms/kitchen/bath with direct access to charming, roof-covered front & back porches. ***Second Floor: 2 bedrooms/kitchen/bath featuring a sunny balcony right off the living room. ***Third Floor: 1 studio-style bedroom/kitchen/bath layout. ***Basement: Washer/Dryer, 3 separate water heaters, single shared furnace. Many big-ticket upgrades already done! In 2015 upgraded windows were installed on main & second floors. Refreshed and updated kitchens and bathrooms on the main, second & third floors. Three separate hydro meters, one for each unit, plus an additional hydro meter for the laundry/utility room in the basement. Perfect for multi-generational families or investors. Property is being sold in 'as-is' condition. Buyer to verify and satisfy themselves with respect to current municipal zoning compliance, MPAC designations and Ontario Fire Code requirements. Virtual Staging has been added to some photos. Lot size is irregular.

Sold data

Detached homes in Midland — recent sold market

Detached homes in Midland took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 68, across 63 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.

The median sale price was $549,000.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 3% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$549,000
Sale-to-list ratio
95.8%
Sold above asking
3%

Based on 63 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Midland

Midland has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 5.0/10.

Rated schools
7
Elementary
5
Secondary
2
Average rating
5.0 / 10

Top-rated schools in Midland

  • Huron Park — elementaryFraser rating 6.0/10
  • Bayview — elementaryFraser rating 5.8/10
  • Monsignor Castex — elementaryFraser rating 5.8/10
  • Georgian Bay District — secondaryFraser rating 5.3/10
  • St. Theresa's — secondaryFraser rating 5.2/10
  • Mundy's Bay — elementaryFraser rating 4.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 486 HANNAH STREET