Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

507 Aberdeen Boulevard, Midland, ON L4R 5L9

1+2 beds · 3 baths · 1+1 kitchens · 12 rooms · 6 parking spaces · 2500-3000 sq ft · Laundry on the lower level level · Detached
$1,100,000
Property tax
$13,204 / year

Welcome to Tiffin By The Bay, a sought-after waterfront community where you can enjoy the beauty of Georgian Bay while still having all the conveniences of in-town living. Located on municipal water and sewers, this well-maintained home is just minutes from the hospital, shopping, library, cultural centre, and everyday amenities. An active lifestyle is right outside your front door, with the paved waterfront trail perfect for walking, biking, and rollerblading along the bay. Pickleball courts and a park are also within walking distance. Inside, the home offers comfortable main-floor living with a spacious kitchen and dining area that flow into the open-concept living space. The finished lower level is ideal for visiting family, guests, or multi-generational living, featuring its own mini kitchen, cozy fireplace, additional living space, and a walkout to the outdoors. An easy-to-maintain yard means more time to enjoy everything this waterfront community has to offer. Whether you're looking to simplify your lifestyle, accommodate extended family, or simply enjoy living close to the water, this home offers space, flexibility, and an exceptional Midland location.

MLS number
S13756098
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
L4R 5L9
Photos
45
Laundry
Lower Level level
5days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Sacred Heart School
Simcoe Muskoka CDSB
Elementary460 m4.0 / 10
40% met the standard · 3 of 6 measures
Huron Park Public School
Simcoe County DSB
Elementary1.3 km6.8 / 10
68% met the standard
St Theresa's Separate School
Simcoe Muskoka CDSB
Secondary1.5 km5.9 / 10
59% met the standard · 2 of 6 measures
Mundy's Bay Elementary Public School
Simcoe County DSB
Elementary2.2 km5.8 / 10
58% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Midland340 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$508k$810k$1.11M20252026this home’s asking price
$559klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d18d36d20252026
33dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in midland. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 501 people.

$56,800Median household income
58.8%Own their home
53.8%Detached houses
59.6Median age
11.6%Born outside Canada
10.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35430595 — the few blocks around this address, home to 501 people. It describes the area, not this property.

501Population
53.3Average age
1.9Household size
$57,600Average household income
$56,800Median household income
59%Own their home
41%Rent
20%Condominiums
12%Born outside Canada
10%University degree
$500,000Average home value
20%Low income
24%Never married
$10,000 to $14,9995%
$15,000 to $19,9993%
$20,000 to $24,9998%
$25,000 to $29,9998%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9995%
$45,000 to $49,9995%
$50,000 to $59,9995%
$60,000 to $69,9998%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9993%
$100,000 and over15%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9992%
$200,000 and over2%

Percentages are of the 305 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$220,000 · minimum here is $85,000
$4,870.56per month
Borrowed before insurance$880,000
Total borrowed$880,000
Interest over 25 years at 4.5%$581,169

If you rented it out

-$5,970.90per month out of pocket
Rent$0.00
Everything it costs to hold$5,970.90
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX Georgian Bay Realty Ltd. Listing data provided by the Toronto Regional Real Estate Board.