Townhouses for Sale in Midland, ON

Every city has its most in-demand neighbourhoods, and in Midland they are Midland. We assess how much interest there is for a neighbourhood by looking at various statistics. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.

The priciest neighbourhoods in Midland are none available. Neighbourhoods are ranked by assessing the average sold price during the past 12 months, and compared to all of the other neighbourhoods in the city. If you're looking for value, Midland's priciest neighbourhoods may not be ideal. Instead, check out Midland for other alternatives.

You may be surprised to discover that none available are Midland's most affordable neighbourhoods. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. Many properties in Midland's least expensive neighbourhoods are selling below the city's average of $598,248.

One of the carrying costs associated with homeownership in Midland is your property tax. This tax is crucial in providing local residents with essential services, including garbage collection, fire protection and policing. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. To determine how much property tax you'll pay, the city will multiply that tax rate by your home's current market value - which can fluctuate year-to-year depending on the value of neighbouring properties. This is why it's not necessarily correct when Midland homeowners assume that the bigger their house, the more they'll pay. For instance, if your home's market value is $800,000 and the municipality's property tax rate is 0.5%, you'd pay $4,000 that year.

Strata.ca features all listings in Midland, updated multiple times daily - you won't ever miss a property when using this platform. But why settle for basic property details when you could unlock Midland's real estate history! Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

Midland has a walk score of 44, meaning it's much easier to get around the city with a car than by foot. And with a transit score of 25, this city offers few public transportation options. For cyclists, the neighbourhood offers a bike score of 47, meaning there is limited bike infrastructure.

All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in Midland. Buyers are not allowed to roll closing costs into their mortgage. So be prepared to budget anywhere up to 2% of the purchase price. For instance, 2% on a $600,000 house in Midland would require $12,000 to be set aside for closing day. The land transfer tax will make up most of your closing costs. In Canada, all buyers are subject to the LTT imposed by the province. The most common way to reduce this tax is by applying for the first-time homebuyer rebate. A real estate lawyer is necessary to finalize any purchase in Midland, so you'll want to include their fees in your closing costs. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.