2642 Midland Avenue, Toronto E07

Price: $5,000,000

4 bedrooms, 3 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: E13239546

Builder, Developers , Toronto, Scarborough very nice location to use for Residential Development Land, Minutes to 401, 404 & 407. ShoppingMall , Schools, Go Train. Subway. Listing being sold in combination with 2636 Midland Ave.

2642 Midland Avenue - Detached photo 1 of 1 in Agincourt / Milliken, Ontario
active
1/1

$5,000,000 - 2642 Midland Avenue, Agincourt

Detached for Sale in Agincourt

Popular Listing
4Beds
3Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
E13239546
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
4
Bathrooms
3
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Agincourt / Milliken
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Builder, Developers , Toronto, Scarborough very nice location to use for Residential Development Land, Minutes to 401, 404 & 407. ShoppingMall , Schools, Go Train. Subway. Listing being sold in combination with 2636 Midland Ave.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$22,116.69/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $4,000,000Interest: $2,635,006
Mortgage Amount$4,000,000
Total Interest$2,635,006
Est. Property Tax$3,542/mo
Total Cost$6,635,006

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: Agincourt / Milliken

Discover Agincourt / Milliken

Agincourt / Milliken is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Agincourt / Milliken

  • Convenient location in Agincourt / Milliken
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Agincourt / Milliken offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2642 Midland Avenue, Agincourt / Milliken

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
-0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$3,542
Insurance (est.)-$1,042
Net Cash Flow-$784

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1667/sqft, this property is priced above the Agincourt average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Detached Home Advantages

Detached homes in Agincourt are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Agincourt. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Agincourt properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $20,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Similar Properties Nearby

Active listings in Toronto with similar features

Search
Log in
    MLS# E13239546 — 2642 Midland Avenue, Agincour… | Battaglia Team