Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale On market 179 daysPrice drop · $19,000 off (-3.2%)

    405 BAY Street

    Midland·Midland, ON·L4R 1K7·Near NORTH ON KING ST - EAST ON BAY - BETWEEN QUEEN AND MANLY - SIGN ON

    Midland real estate›S11892281
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Great value can be found in this spacious home with income potential, located just steps to downtown, waterfront park, rotary trail, and many other conveniences. This well-kept home features: 4 Bdrms * 2.5 Baths * Main Floor Laundry * Rec Rm W/ Bar Area * Over 1900ft2 of Finished Space * Gas Furnace 2018 * Central Air 2021 * Shingles 2021 * Many Other Improvements * Currently Set Up As 2 Front and Back Apartments: Front unit is 2 Bedroom + Den and Back unit is 2 Bedroom. The current rents are approx $25,200/yr for front unit (will be vacant March 1, 2025) and $21,000/yr for back unit (will be vacant January 1, 2025). New owner can set new rents once vacant. It can easily be converted back to a single family home by opening a doorway. Great home for large family, room for in-laws / Adult Children or great opportunity for rental income. *Photos are from Spring of 2022*

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 20, 2026Price reducedCurrentReduced$580,000−$19,000 (3.2%)S11892281This page
    May 7, 2026Previously listedNew$499,000 —S13095214View
    Nov 18, 2025Previously listedTer$489,000 —S12555940View
    Oct 3, 2025Previously listedTer$499,900 —S12443828View
    Aug 25, 2025Previously listedTer$499,900 —S12364007View
    Dec 12, 2024ListedCurrentFor sale$599,000 —S11892281This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 405 BAY Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Arts Centre
    • Library
    • Marina
    • Park
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,849
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $239
    0.50% mill rate · ON
    The market

    How this home sits in the Midland market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Midland market right now

    Average sold price, days on market, and closed-transaction count for Midland — sourced from MLS®.

    • Avg sold price
      $572,533
      Last 30 days
    • Median sold price
      $497,500
      Middle of the market
    • Days on market
      37 d
      Avg from list to close
    • Closed last 30d
      56
      MLS® transactions
    Full Midland market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 405 BAY Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 405 BAY Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 405 BAY Street listed for?

      405 BAY Street is listed at $580,000 on the MLS® (listing S11892281). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 405 BAY Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

    • 4 beds
    • 3 baths
    • 1500-2000 sqft
    • Detached
    • Built 51-99
    • < .50 ac lot
    Asking
    $580,000
    $0 / sqft · MLS® S11892281
    Chat Zara
  1. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $675,589
    $621,542Confidence range$729,636
    Asking vs estimate
    ↓below
    −$95,589
    (-14.1%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Midland sell in about 37 days — this one has been listed 179 days.

    Avg sold price
    $572,533
    Median sold
    $497,500
    Avg days on market
    37
    Recently sold
    56
    See comparable sales
    Great value can be found in this spacious home with income potential, located just steps to downtown, waterfront park, rotary trail, and many other conveniences.
  2. New owner can set new rents once vacant.
  3. It can easily be converted back to a single family home by opening a doorway.
  4. Ask Zara a follow-up
    Sewer
  5. Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    Private Double
  6. Interior

    5
    Basement
    Walk-Up, Separate Entrance
    Family room
    N
    Kitchens
    1
    Total rooms
    9
    Elevator
    N
  7. Exterior & construction

    5
    Exterior
    Aluminum Siding
    Roof
    Shingles
    Foundation
    Stone, Concrete Block
    View
    Skyline, Bay
    Pool
    None
  8. Lot & land

    3
    Year built
    51-99
    Lot dimensions
    60 x 80
    Zoning
    R2
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    1 1/2 Storey
    Property class
    Detached
  10. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Bedroom
      Broadloom
      9.7 × 10.8 ft
    • Bedroom
      laminate · laminate
      11.2 × 9.5 ft
    • Kitchen
      vinyl floor · vinyl floor
      12.0 × 8.2 ft
    • Bedroom
      laminate · laminate
      9.5 × 12.0 ft
    • Living Room
      Broadloom
      10.8 × 13.7 ft

    Second level

    2 rooms
    • Den
      Broadloom
      7.1 × 9.2 ft
    • Primary Bedroom
      Broadloom
      9.3 × 16.1 ft

    Lower level

    2 rooms
    • Living Room
      laminate · laminate
      13.5 × 10.7 ft
    • Kitchen
      laminate · laminate
      6.0 × 7.7 ft
  11. Public Transit
  12. School
  13. Combined estimate
    $3,088
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,849
    /mo
    based on the purchase price of $580,000
    $116,000 cash
    $464,000 financed
    $390,810 total interest
    Monthly payment$2,849/ month
    Principal54%$464,000
    Interest46%$390,810

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Midland

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 138 SIXTH Street
      Sold
      Sign in for price
      138 SIXTH Street
      Detached
    • 166 Sixth Street
      Sold
      Sign in for price
      166 Sixth Street
      Detached
    • 325 Aberdeen Boulevard
      Sold
      Sign in for price
      325 Aberdeen Boulevard
      Detached
    • 556 Johnson Street
      Sold
      Sign in for price
      556 Johnson Street
      Detached
    • 683 Ottawa Street
      Sold
      Sign in for price
      683 Ottawa Street
      Detached
    • 1130 Marcellus Drive
      Sold
      Sign in for price
      1130 Marcellus Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    405 BAY StreetThis home4 / 315,002,000$580,000ask———
    138 SIXTH Street3 / 11,100—
    166 Sixth Street4 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Midland

    Active listings within ±20% of this asking price.

    • 19 Ludlow Street
      $579,000
      19 Ludlow Street
      Detached 3 2
    • 316 HANLY Street
      $519,900
      316 HANLY Street
      Detached 3 1
    • 423 Ellen Street
      $549,000
      423 Ellen Street
      Detached 3 2
    • 1021 Whitney Crescent
      $584,000
      1021 Whitney Crescent
      Detached 3 2
    • 400 Galloway Boulevard
      $689,900
      400 Galloway Boulevard
      Detached 3 2
    • 1053 Glen Bogie Crescent
      $524,900
      1053 Glen Bogie Crescent
      Detached 3 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of RE/MAX Georgian Bay Realty Ltd · displayed on Summitly per MLS® data-share rules

    405 BAY Street is a 4-bedroom, 3-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 405 BAY Street built?

    405 BAY Street was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 405 BAY Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 405 BAY Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 405 BAY Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $580,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 405 BAY Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 405 BAY Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 405 BAY Street in?

    405 BAY Street is in Midland, Midland. The 'Neighbourhood' section below links to the live Midland real estate hub with average sold price, days on market, and current inventory.

  23. Is Midland a good place to live?

    Midland is one of ON's actively-tracked Summitly markets. The full Midland real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. 325 Aberdeen Boulevard
    4 / 4
    1,500
    —
    556 Johnson Street3 / 2700—
    683 Ottawa Street3 / 21,500—
    1130 Marcellus Drive3 / 31,500—