Address
154 Fifth Street, Midland, ON
Price
$ 519,000
Property Attributes
  • ID#S13785972
  • TypeMulti-Family
  • Listing Status New
  • CityMidland
  • AreaMidland
  • NeighbourhoodMidland
  • Postal CodeL4R 3V9
  • Style1 1/2 Storey
  • Taxes$ 2849
  • Price$ 519,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1100-1500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Attention investors and homebuyers! Looking for an investment with real cash-flow potential? Look no further!Welcome to 154 Fifth Street in Midland-a legal duplex offering flexibility, excellent income potential, and vacant possession.The property features a one-bedroom unit that recently rented for $1,615 per month and a two-bedroom unit that rented for $1,850 per month, with tenants responsible for all utilities in addition to their monthly rent.Vacant possession gives you the flexibility to set your own rents, choose your own tenants, move into one unit while renting the other to help offset your mortgage, or accommodate extended family.Each self-contained unit has its own driveway, hydro meter, in-suite laundry and storage shed, providing added convenience and privacy. Ideally located within walking distance of downtown Midland and the waterfront trail, residents can enjoy easy access to local shops, restaurants and beautiful Georgian Bay.Whether you're looking to expand your investment portfolio, reduce your housing costs or explore a multi-generational living arrangement, this versatile property offers plenty of possibilities!

Price History
9/15/2026 Listed $519,000

General Features

Sewer Sewer
Cooling Central Air
Roof Asphalt Shingle
Architectural Style 1 1/2 Storey
Pool Features None
Construction Materials Aluminum Siding,Brick
Heater Type Forced Air
Parking Spaces 4
Topography Sloping
Property Subtype Duplex
Tax Year 2025
Lot Depth 100.0
County Simcoe
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction West
Garage Y/N No
Status New
City Midland
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 2849.0
Standard Status Active
Occupancy Type Tenant
Legal Description PT LT 22 W/S FIFTH ST PL 306 MIDLAND AS IN RO1047490; MIDLAND

Interior Features

Interior Amenities Separate Hydro Meter
Basement Unfinished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Elevator? No
Total Baths 2
Bedrooms 3
Living Area Range 1100-1500

Exterior Features

Exterior Amenities Deck,Patio
Parking Features Private Double
Total Parking 4.0
Garage Type None
Foundation Details Stone
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L4R 3V9

Price
AVG $520K
$520K
Taxes
AVG $2,849
$2,849
Visits
AVG 9
8
Data Provided by Inside Real Estate®