154 Fifth Street Midland, Ontario L4R 3V9
$519,000
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:39551)
Property Details
| MLS® Number | S13785972 |
| Property Type | Multi-family |
| Community Name | Midland |
| Equipment Type | Water Heater |
| Features | Sloping |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Deck, Patio(s) |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 100 Ft |
| Size Total Text | 50 X 100 Ft |
| Zoning Description | Rs2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 2.97 m | 4.65 m | 2.97 m x 4.65 m |
| Second Level | Kitchen | 3.38 m | 2.39 m | 3.38 m x 2.39 m |
| Second Level | Bedroom | 3.38 m | 3.25 m | 3.38 m x 3.25 m |
| Second Level | Bathroom | 1.5 m | 1.93 m | 1.5 m x 1.93 m |
| Main Level | Kitchen | 3.48 m | 4.83 m | 3.48 m x 4.83 m |
| Main Level | Living Room | 3.33 m | 5.74 m | 3.33 m x 5.74 m |
| Main Level | Bedroom | 4.04 m | 3.28 m | 4.04 m x 3.28 m |
| Main Level | Bedroom | 2.64 m | 3.4 m | 2.64 m x 3.4 m |
| Main Level | Bathroom | 1.91 m | 2.08 m | 1.91 m x 2.08 m |
https://www.realtor.ca/real-estate/30280642/154-fifth-street-midland-midland
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September 15 2026 05:58:50
Toronto Regional Real Estate Board
Keller Williams Experience Realty