225 Eighth St

Midland, Midland, L4R 4B2
FOR SALE
$659,000
225 Eighth St, Midland
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
225 Eighth St
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
S9265689
MLSID
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Property Description
BACKSPLIT IN THE HEART OF MIDLAND SET ON A 200 FT DEEP LOT, GORGEOUS PERENNIAL GARDENS, WITH A SPACIOUS 16 X 29 FT OUTBUILDING & SHOP! Pride of ownership exudes inside and out of this charming backsplit property, situated within walking distance to downtown Midland and conveniently close to the marina, waterfront, shopping, schools, and amenities. The home features a bright kitchen with an island, built-in appliances, a gas cooktop, a beautiful sunken living room with a bay window and hardwood floors, an updated main bathroom, and a renovated primary ensuite bathroom with a glass walk-in shower. A side entrance from the dining area also leads to a space to enjoy a BBQ without going into the backyard. The partially finished basement offers in-law capability and a renovated recreation room showcasing a fireplace and wet bar. Notable features include newer eavestroughs, a newer front door and a central vac. Outside, the property sits on an expansive 200-foot deep lot adorned with mature trees, a large patio area, and meticulous landscaping, including perennial gardens. New fencing has been installed within the past few years, providing privacy and security. There is a lovely covered porch for sitting and relaxing and a horseshoe pit in another part of the backyard. The attached garage offers drive-thru access, with doors opening towards the driveway and the backyard. Plenty of parking is available for RVs, toys, and trucks. Additionally, a large 16 x 29-foot outbuilding is in the backyard, complete with a 16 x 20-foot shop equipped with heat and hydro and a Garden Shed. Approximately $15,000 has been invested in a newer heat pump system, gas furnace, and central air conditioning, ensuring comfort and efficiency year-round. This magnificent #HomeToStay is overflowing with potential!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-31 2024-08-22 83 $669,900 - Terminated
2021-07-22 2021-08-06 15 $624,900 $625,000 Sold
2021-07-22 2021-08-06 15 $624,900 $625,000 Sold
2021-07-22 2021-08-06 15 $624,900 $625,000 Sold
Property Features
Fenced Yard
Property Details
Street
Community
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 200'
Acreage
< .50
Fronting
East
Taxes
$4,190 (2023)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.24' x 11.32'Tile Floor
DiningMain10.76' x 11.75'Hardwood Floor
LivingMain21.00' x 11.91'Hardwood Floor
Prim BdrmUpper13.42' x 11.32'3 Pc Ensuite
BrUpper13.58' x 10.17'
BrUpper13.58' x 11.32'
RecLower24.67' x 24.18', Fireplace, Wet Bar
BrLower11.58' x 9.25'
ExerciseLower16.34' x 11.09'
Midland Market Statistics
Midland Price Trend
225 Eighth St is a 3-bedroom 3-bathroom home listed for sale at $659,000, which is $61,500 (10.3%) higher than the average sold price of $597,500 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Midland declined by $72,083 (10.8%) compared to the previous 30 day period (July 17 - August 15) and down $21,554 (3.5%) from the same time one year ago.
Inventory Change
There were 24 3-bedroom homes listed in Midland over the last 30 days (August 16 - September 14), which is up 4.3% compared with the previous 30 day period (July 17 - August 15) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Midland typically sold ($26,080) (4.4%) below asking price over the last 30 days (August 16 - September 14), which represents a $1,086 increase compared to the previous 30 day period (July 17 - August 15) and ($295) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Midland over the last 30 days (August 16 - September 14) stood at 62.5%, up from 52.2% over the previous 30 days (July 17 - August 15) and down from 462.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Midland stood at 30 days when successfully sold over the last 30 days (August 16 - September 14), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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