48 Riverwalk Place, Midland

$899,999
48 Riverwalk Place

$899,999

New
18d
Detached2-Storey

48 Riverwalk Place, Midland

Total Monthly Obligation $4,593

Beds
6
Baths
3
Park
46
Sqft
2000-2500
DOM
18d
Yield
3.6%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-S13863482
Beds-6
Bathrooms-3
Size-2000-2500 sqft
Lot Size-15.25 × 33.6 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$7,053 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP INCENTIVE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Welcome to this remarkable 3+2 bedroom home in a scenic Midland setting with a 3 minute walk to Georgian Bay on a walking path directly off the back yard. Offering over 3,000 sq. ft. of finished living space across three levels. The main floor features a spacious primary bedroom complete with a luxurious 4-piece ensuite, along with a bright and inviting living room highlighted by impressive 22-foot vaulted ceilings and a striking gas fireplace. The well-appointed kitchen includes a convenient eating area, while the main level also offers a laundry room, walk-in access to a two-car garage, and additional front office or bedroom off entry. The upper level features two additional bedrooms overlooking the open-concept living area below, featuring beautiful hardwood floors creating a wonderful sense of space and openness. Each level of the home is thoughtfully serviced by four full bathroom. The finished lower level provides even more living space with two large bedrooms, a generous recreation room, and a 3-piece bathroom. A workout room with rubber flooring. Outside, the property truly shines with stunning landscaping, beautifully maintained grounds, and an inviting entranceway. This listing has been virtually staged

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Closing Costs

Mortgage Amount
$719,999
Land Transfer Taxes$14,475
Legal Fees (Est.)
$
Total cash required for closing$195,975

Total Monthly Obligation

$4,593/mo
Mortgage $3,630
Monthly Loss $3,638
Principal$955
Interest$2,675
Property Tax$588
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 48 Riverwalk Place

Time

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