Gurvinder Nokwal REALTOR®
For Sale Duplex 34 days on market

$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
Map

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

Room Level Dimensions
Bedroom Second 11′ 1″ × 10′ 8″
Kitchen Second 11′ 1″ × 7′ 10″
Living Room Second 9′ 9″ × 15′ 3″
Living Room Main 10′ 11″ × 18′ 10″
Bedroom Main 8′ 8″ × 11′ 2″
Bedroom Main 13′ 3″ × 10′ 9″
Bathroom Main 6′ 3″ × 6′ 10″
Bathroom Second 4′ 11″ × 6′ 4″
Kitchen Main 11′ 5″ × 15′ 10″

Features

Interior

  • Separate Hydro Meter

Pool

  • None
Included
Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Shed (X3)
Rental items
Water Heater

Mortgage calculator

Minimum for this price: $26,900 (5.18%)

Amortization, years

Estimated mortgage payment

$2,298 per month

Principal and interest
$2,298
Property tax
$237
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
Total, before legal fees
$110,655
Talk to me about financing

Estimates 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

154 Fifth Street, Midland, ON L4R 3V9 Midland, Midland, ON L4R 3V9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$519,000 154 Fifth Street, Midland, ON L4R 3V9
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