358 Bay Street, Midland, ON

$370,000
MLS#:S12202413
4 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Midland. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $370,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 50 x 120 ft lot
  • Features a ["partially finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Top 5 Reasons You Will Love This Home: 1) Established just steps from Midlands charming downtown and the picturesque waterfront, this inviting bungalow offers the ultimate in convenience and lifestyle, where you will enjoy easy access to boutique shops, cozy cafés, restaurants, scenic walking and biking trails, and the tranquil shores of Georgian Bay, all just a short stroll from your front door 2) Boasting solid bones and a functional layout, this 4 bedroom, 2 bathroom home is a true blank canvas, whether you choose to update it gradually or embark on a full renovation, the possibilities are endless to transform this space into your ideal home, perfectly tailored to your taste and lifestyle 3) Opportunities like this are rare, especially in such a desirable location, offering incredible value in todays market; whether your'e a first-time buyer, someone looking to downsize or an investor, its a smart opportunity to build equity and long-term potential 4) Set on a great lot at the top of the hill, the home offers plenty of space for outdoor living, excellent for gardening, entertaining, or simply relaxing in your own backyard retreat, there's room to bring your outdoor vision to life 5) The partially finished basement expands your options with room for a recreation room, guest suite, home office, or even a future in-law setup, its a valuable extension of the home, offering space to grow and adapt to your needs. 947 above grade sq.ft. plus a partially finished basement. Visit our website for more detailed information. *Please note some images have been virtually staged to show the potential of the home.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 13, 2025
Sold price information is available to members only
Listed Date6/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding
Lot Size50 × 120 Feet
CountySimcoe
Annual Tax$2,822.72
Legal DescriptionPT LT 11 E/S RUSSELL ST, 12 E/S RUSSELL ST PL 349 MIDLAND AS IN RO1041050; MIDLAND

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Park

Community Features

Location

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358 Bay Street, Midland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 358 Bay Street, Midland, ON L4R 1K2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$296,000
Monthly Mortgage$1,720
Property Tax (Est.)$235
Utilities & Maint.$350
Total Monthly Cost$2,305

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Midland.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Midland, Midland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$616,294

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Huron Park
Public425 Robert Street, Midland, Ontario, L4R 2M2
6.0
Mundy's Bay
Public340 Sixth Street, Midland, Ontario, L4R 3Y4
4.4
Sacred Heart
Public241 Elizabeth Street, Midland, Ontario, L4R 1Y5
2.6
Bayview
Public845 Ottawa Street, Midland, Ontario, L4R 1C9
5.8
Monsignor Castex
Public120 Penetanguishene Road, Midland, Ontario, L4R 4Z6
5.8

Secondary Schools

St. Theresa’s
Catholic347 Galloway Boulevard, Midland, Ontario, L4R 5B2
5.2
Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3
Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.