$519,000
Est. payment $2,298/moCalculate yours
154 Fifth Street, Midland, ON L4R 3V9
Midland, Midland, ON L4R 3V9
- 3 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of KELLER WILLIAMS EXPERIENCE REALTY MLS® S13785972
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!
Property details
Overview
- Property Type
- Duplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 100 Feet
- Parking
- None garage · 4 total
- Zoning
- RS2
Financial
- Property Taxes
- $2,849 (2025)
Location
- Neighbourhood
- Midland
- Cross Street
- Quebec & Fifth
- Direction Faces
- West
Listing
- MLS® Number
- S13785972
- Days on Market
- 34
- Listed On
- 2026-09-14
- Possession
- Flexible
- Listed By
- KELLER WILLIAMS EXPERIENCE REALTY
Rooms
Features
Interior
- Separate Hydro Meter
Pool
- None
- Included
- Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Shed (X3)
- Rental items
- Water Heater
Mortgage calculator
Estimated mortgage payment
$2,298 per month
- Principal and interest
- $2,298
- Property tax
- $237
- Condo fees
- $0
- Estimated monthly cost
- $2,535
Your mortgage
- Mortgage amount
- $415,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $274,206
Cash to close
- Down payment
- $103,800
- Land transfer tax
- $6,855
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $110,655
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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