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Investment signal

$1,149,000

470 PARKVIEW COURT

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Beds

4

Baths

3

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Midland. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Experience the perfect blend of lifestyle, luxury, and location in this exceptional executive raised bungalow-fully above grade with no basement-tucked away on a quiet, tree-lined court in one of Midland's most desirable communities. Just steps to Georgian Bay and a beautiful sandy beach, this home offers four-season recreation-from summer fun on the water to winter snowmobiling-while being minutes to downtown, trendy restaurants, shopping, banks, and majorretailers.A short stroll takes you to Midland's renowned paved trail system-loved by cyclists, runners,and nature lovers-connecting to downtown, Wye Marsh, and other key attractions. Enjoy seasonal water views, serenity, and no through traffic-just the sound of birds and rustling trees.At the heart of the home is a stunning chef's kitchen featuring solid wood cabinetry with dovetail joinery, quartz countertops, soft-close drawers, under-cabinet lighting, dual sinks,and a jaw-dropping 10'11" island crafted from a single slab of quartz. The spacious living and dining area flows seamlessly to a large deck with two sunrooms. The primary suite offers a walk-in closet, ensuite bath, laundry and walkout to a sunroom complete with hot tub and infrared sauna. Two additional bedrooms and a full bath complete the main level.Step outside to a private oasis: an expansive upper deck, two enclosed gazebos, power awning,secluded firepit, greenhouse, and tiered landscaping.The heated and air-conditioned oversized garage with back workshop and two large sheds provide ample storage for boats, kayaks, ATVs, and more.A beautifully finished lower-level suite (2023) with a full kitchen, 4-pc bath, laundry, and separate entrance offers flexibility for guests, in-laws, or rental income.Ideal for a small business or live/work setup, this property offers versatile space in huge garage / lower level to seamlessly balance work and lifestyle.This is not just a home-it's a lifestyle destination. (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
Midland
Condition
Insulation upgraded
Common interest
Freehold
Lot dimensions
79.8 x 189.9 FT ; 189.92 ft x 79.77 ft x 201.10 ft x 143.1
Bedrooms
4 above grade
Parking
12 total
Stories
1
Fireplace
2
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Annual tax
$6,400.63
Zoning
R1
Photos
50
MLS#
S13039694
Area
MIDLAND

Features and systems

Parking

Attached GarageGarageInside Entry

Basement

None

Appliances

AllRefrigeratorWater purifierWater softenerHot TubSaunaCentral VacuumGas stove(s)DishwasherDryerFreezerGarburatorHood FanWindow CoveringsTwo WashersGarage door opener remote(s)Water Heater

Heating

Forced airNatural gas

Cooling

Central air conditioningAir exchangerVentilation system

Exterior

Brick

Foundation

Poured ConcreteSlab

Lot

Cul-de-sacIrregular lot sizeLightingLevelPaved yardCarpet FreeGazeboIn-Law SuiteSauna

View

View of water

Utilities

ElectricityCable
Negative cash flow ~$1,238/mo at these assumptions

Cash on cash

-6.46%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,053

Financing

Down payment$229,800
Loan amount$919,200
Mortgage$4,657/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$527
Insurance$80
Maintenance$958
CapEx reserve$479
Vacancy loss$288

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,657/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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