For Sale: 154 Fifth Street, Midland, ON - REW
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$519,000
3 bd 2 ba 1100 - 1499 sf Multifamily

154 Fifth StreetMidland, ON, L4R 3V9

  • 3 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

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! (id:63626)
Listed by: DAVE WALKER, Salesperson, KELLER WILLIAMS EXPERIENCE REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2026
$2,849
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Lot Size
50 ft x 100 ft (5000 ft²)
Depth
100 feet
Frontage
50.0 feet
Exterior Finish
Brick, Aluminum siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished,
Features
Separate Electricity Meters, Sloping
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
DAVE WALKER
Primary Broker
KELLER WILLIAMS EXPERIENCE REALTY
Secondary Agent
JENN BAILEY
Secondary Broker
KELLER WILLIAMS EXPERIENCE REALTY
Listing details
Days on REW
3 Days
MLS® Number
S13785972
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Bayview Public School
  • Public
  • JK - 8
Mundy's Bay Elementary Public School
  • Public
  • JK - 8
Georgian Bay District Secondary School
  • Public
  • 9 - 12
Monsignor Castex School
  • Catholic
  • JK - 8
Huron Park Public School
  • Public
  • JK - 8
Sacred Heart School
  • Catholic
  • JK - 8
St Theresa's School
  • Catholic
  • 9 - 12
St Ann's School
  • Catholic
  • JK - 8
Canadian Martyrs Catholic School
  • Catholic
  • JK - 8
ÉÉC Saint-Louis
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-17.
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