Listed for:Listed Jun 1, 2026
$1,320,000

289 King Street

Midland, ON L4R 3M5

Store W Apt/Office For Sale
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Sale & Price History for 289 King 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 289 King Street, Midland

Summarized Description

  • Landmark mixed-use building in Midland's historic downtown.
  • Turnkey commercial space ideal for various businesses.
  • Two updated residential apartments for rental income.
  • Substantial investments made to preserve character.
  • Modern finishes create a welcoming atmosphere.
  • Separate heat sources for residential units.
  • Convenient access to municipal parking.
  • Security gate enhances safety for business.

A rare opportunity to own a landmark mixed-use building in the heart of Midland's historic downtown core. Formerly home to the beloved Uncle Roy's restaurant, this versatile property offers the ideal combination of commercial space and residential income potential. The main-floor commercial space is well suited for a restaurant, café, retail store, professional office, or a variety of other business ventures. Much of the existing restaurant equipment remains on site, providing an excellent opportunity for entrepreneurs looking to establish a new dining destination with reduced start-up costs. The current owner has made substantial investments in updating and improving this historic building while preserving its character and street appeal. The commercial space features modern finishes and a welcoming atmosphere, creating a turnkey opportunity for a wide range of uses. Above the commercial space are two very nicely updated residential apartments, each with separate heat sources, offering the flexibility to live on-site while operating your business below or generate additional rental income from both units. The full basement provides extensive storage and utility space, with partial finishing including drywall, excellent lighting, and a convenient 2-piece washroom. A security gate protects the front entrance, providing added peace of mind when the business is closed. Rear access to the building opens directly onto a municipal parking lot with free public parking, offering convenient access for customers, tenants, and staff. Heat sources include gas powered hot water radiant as well as forced air gas and a heat pump in one of the apartment units. Whether you're an entrepreneur seeking a live-work opportunity or an investor looking for a well-maintained mixed-use property with multiple income streams, this downtown Midland property presents exceptional potential in a high-visibility location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$12,325
Land Transfer Tax Fee
$22,875

Interior Features

Security Features
Yes
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office
Approx Age
100+

Lot

Lot Front
22.00 ft
Lot Depth
160.00 ft
Lot Size
0.08
Lot Shape
Rectangular

Inclusions

Inclusions
All contents with exception of personal items in Apartments

Parking & Garages

Garage Type
None
Parking Spaces
2

Heating & Cooling

Heat Type
Gas Hot Water
Air Conditioning
Yes
Water
Municipal
Sewers
Sanitary

Washrooms
7

Washrooms

  • —-piece

Municipality
Midland
Neighbourhood
Midland
Main cross streets
King St/Hugel Ave
Zoning
DC
Directions
Hwy 12 to King St - Between Elizabeth St and Hugel Ave

MLS® number
S13223856
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-01
Updated on
2026-10-06
Days on market
138 days
Possession type
Flexible
Co-op commission
2.0% plus tax
Seller
Listed by
REAL BROKER ONTARIO LTD.

Home Market Value

Current home valuation for 289 King Street, Midland, Midland, ON. Listed for $1,320,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 289 King 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:8.1%

5% on first $500K + 10% on $820,000 over $500K

Minimum down payment

$107,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$48,470$36,828$31,416$0
=Total mortgage
$1,260,230$1,224,828$1,153,416$1,056,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,153monthly$5,980monthly$5,632monthly$5,156monthly
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Land Transfer Tax

Provincial

$22,875

Total Land Transfer Tax

$22,875

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