Listed for:Listed Sep 14, 2026
$519,000

154 Fifth Street

Midland, ON L4R 3V9

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 154 Fifth Street, Midland

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 154 Fifth Street, Midland

Summarized Description

  • Legal duplex with excellent income potential.
  • Vacant possession allows for flexible tenant arrangements.
  • Each unit has in-suite laundry and driveway.
  • Walking distance to downtown Midland amenities.
  • Access to beautiful Georgian Bay waterfront.
  • Ideal for investors or multi-generational living.

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,849
Land Transfer Tax Fee
$6,855

Rental Items

Rental Equipment
Water Heater
Under Contract
Hot Water Heater

Basement Type
Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Patio
Pool
None

Building

Building Type
Multiplex
Building Style
1 1/2 Storey
Approx Age
100+

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
100.00 ft

Inclusions

Inclusions
Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Shed (X3)

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
2
Kitchens
2

Room sizes

  • Bedroom—
    Second level
  • Kitchen—
    Second level
  • Living Room—
    Second level
  • Living Room—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Bathroom—
    Second level, 4 Pc Bath
  • Kitchen—
    Main level

Washrooms

  • 4-piece, Main
  • 4-piece, Second

Municipality
Midland
Neighbourhood
Midland
Main cross streets
Quebec & Fifth
Zoning
RS2
Directions
Forth St to Quebec St to Fifth St

MLS® number
S13785972
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-14
Updated on
2026-09-15
Days on market
32 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
KELLER WILLIAMS EXPERIENCE REALTY

Home Market Value

Current home valuation for 154 Fifth Street, Midland, Midland, ON. Listed for $519,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 154 Fifth Street, Midland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Midland, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $19,000 over $500K

Minimum down payment

$26,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,680$14,480$12,352$0
=Total mortgage
$511,692$481,580$453,502$415,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,498monthly$2,351monthly$2,214monthly$2,027monthly
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Land Transfer Tax

Provincial

$6,855

Total Land Transfer Tax

$6,855

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