Sold for:Sold May 6, 2025
$724,900

230 Queen Street

Midland, ON L4R 3H1

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 230 Queen Street, Midland

2025-01-20
2025-05-07
Sold
Price
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MLS#
s11933689

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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 230 Queen Street, Midland

Add this legal triplex to your real estate portfolio! New to the market - this is a great income property to start with. Opportunity to combine this purchase with 226 Queen St and acquire a commercial mortgage. Fully detached, legal triplex in Midland with two units - 2 bed, kitchen, bath and one unit - 1 bed, kitchen, bath. Appliances included as shown. Convenience of laundry in each unit, and parking onsite. This one is the ideal starting place for new investors or for the seasoned investor looking for an easy triplex to add to their portfolio. Rent earns approximately $47,000 gross per year. Don't miss out on this opportunity! Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. **EXTRAS** Each unit is supplied with appliances, laundry, onsite parking. Central location with easy access to key amenities, transportation routes.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,440
Land Transfer Tax Fee
$10,973

Rental Items

Rental Equipment
nil
Under Contract
None

Basement Type
Apartment, Separate Entrance

Interior Features

Interior Extras
Other
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Year Round Living
Pool
None
Property Features
Rec./Commun.Centre, Public Transit, School, Place Of Worship, Hospital, Park
Accessibility Features
Accessible Public Transit Nearby, Neighbourhood With Curb Ramps

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Other
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
45.00 ft
Lot Depth
125.00 ft
Lot Shape
Irregular

Inclusions

Inclusions
Appliances, included - as shown. 3 x Fridge, 3 x Stove, 3 x Washer, 3 x Dryer. On demand hot water heater. Water softener.

Exclusions

Exclusions
Tenant's belongings.

Parking & Garages

Garage Type
None
Garage Spaces
3
Parking Spaces
3
Total Garage And Parking Spaces
3

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
5
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece

Municipality
Midland
Neighbourhood
Midland
Main cross streets
KING STREET, EAST ON DOMINION AND LEFT ON QUEEN
Zoning
R2
Waterfront
WaterfrontCommunity

MLS® number
S11933689
Data source
Toronto Regional Real Estate Board
Status change
2025-05-07
Listed on
2025-01-20
Days on market
107 days
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
RE/MAX HALLMARK CHAY REALTY

Home Market Value

Current home valuation for 230 Queen Street, Midland, Midland, ON. Listed for $724,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 230 Queen 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:6.6%

5% on first $500K + 10% on $224,900 over $500K

Minimum down payment

$47,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,082$20,225$17,253$0
=Total mortgage
$704,139$672,635$633,418$579,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,438monthly$3,284monthly$3,093monthly$2,831monthly
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Land Transfer Tax

Provincial

$10,973

Total Land Transfer Tax

$10,973

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