154 FIFTH STREET Midland

154 FIFTH STREET, Midland, Ontario

$519,000

  • 3 Beds
  • 2 Baths

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:50212)

  • Listing ID: S13785972
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Living room Second level 2.97 m x 4.65 m
Kitchen Second level 3.38 m x 2.39 m
Bedroom Second level 3.38 m x 3.25 m
Bathroom Second level 1.5 m x 1.93 m
Kitchen Main level 3.48 m x 4.83 m
Living room Main level 3.33 m x 5.74 m
Bedroom Main level 4.04 m x 3.28 m
Bedroom Main level 2.64 m x 3.4 m
Bathroom Main level 1.91 m x 2.08 m

Details

  • Equipment: Water Heater
  • Features: Sloping
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Structure: Deck, Patio(s)
  • Transaction: For sale
  • Zoning Description: RS2

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Dryer, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 3
  • Cooling: Central air conditioning
  • Exterior Finish: Aluminum siding, Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1100 - 1500 sqft
  • Stories Total: 1.5
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 50 ft
  • Size Irregular: 50 x 100 FT
MLS®

Listing provided by KELLER WILLIAMS EXPERIENCE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 154 FIFTH STREET in Midland Ontario. It was last modified on September 15th, 2026. Contact The TanTeam to schedule a viewing or to discover other Midland homes for sale.

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