224 4th Street
Midland, ON L4R 3T5
- 6Bedrooms
- 3Bathrooms
- 6Parking
- 2000–2500Sq Ft
- $4,358Tax
- 68×100 ftLot Size
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About 224 4th Street, Midland
This legal duplex offers a rare opportunity to generate steady rental income with three fully self-contained units, perfectly situated in Midland's vibrant downtown core. The property includes a bright and spacious 1-bedroom, 1-bath main floor unit with on-site laundry; a second main floor unit offering 2 bedrooms and 1 bath; and a well-appointed upper-level unit with 2 bedrooms, 1 bath, a bonus den, and its own laundry facilities. With a smart layout and private living spaces, this home caters perfectly to the needs of todays renters. Outside, the partially fenced backyard offers a shared outdoor area, while two separate driveways provide ample parking for tenants. Located just minutes from Georgian Bay, marinas, downtown shops and restaurants, and all essential amenities, this property is a fantastic option for those looking to invest in a high-demand rental market. Whether you're expanding your portfolio or entering the investment space for the first time, this property offers immediate income potential and long-term value. Take possession any time this is a rare find in one of Midlands most sought-after locations.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,358
- Land Transfer Tax Fee
- $7,475
- Basement Type
- Crawl Space
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- None
- View
- Trees/Woods
- Security Features
- Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Porch Enclosed
- Pool
- None
- Property Features
- Hospital, Lake/Pond, Park, Rec./Commun.Centre, School, Beach
- Other Structures
- Garden Shed
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete, Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 68.00 ft
- Lot Depth
- 100.00 ft
- Lot Size
- 0.16
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 3 Fridges, 3 Stoves, 2 Stackable Washer/Dryer, 1 Washer, 1 Dryer
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 6
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 6
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Sunroom—Main level
- Bedroom—Main level
- Kitchen—Main level
- Dining Room—Main level
- Living Room—Main level
- Mud Room—Main level
- Bedroom 2—Main level
- Kitchen—Main level
- Laundry—Main level
- Sitting—Upper level
- Bedroom 3—Upper level
- Kitchen—Upper level
- Bedroom 4—Upper level
- Dining Room—Upper level
- Bedroom 5—Third level
- Bedroom—Third level
Washrooms
- 3-piece, Main
- 3-piece, Main
- 4-piece, Upper
- Municipality
- Midland
- Neighbourhood
- Midland
- Main cross streets
- Bay St/4th
- Zoning
- R2
- Directions
- Hwy 12 to King St to Hugel Ave to 4th St
- MLS® number
- S12508488
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-01-10
- Listed on
- 2025-11-04
- Days on market
- 67 days
- Possession type
- Flexible
- Co-op commission
- 2.0% plus tax
- Seller
- Listed by
- Keller Williams Co-Elevation Realty, Brokerage
Home Market Value
Current home valuation for 224 4th Street, Midland, Midland, ON. Listed for $550,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 224 4th 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
5% on first $500K + 10% on $50,000 over $500K
$30,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,790 | $15,345 | $13,090 | $0 |
=Total mortgage | $540,540 | $510,345 | $480,590 | $440,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,639monthly | $2,492monthly | $2,346monthly | $2,148monthly |
Land Transfer Tax
$7,475
$7,475
Around this home
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