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154 Fifth Street in Midland for sale

Asking price
$519,000
Estimate (Sep 15)
$501,153
MLS #:
S13785972
Type:
Duplex, 1 1/2 Storey
Approx. SQFT:
1100-1500
Basement:
Unfinished
3 3
50 x 100 ft lot
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!

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  • Date Listed: Monday, September 14, 2026
  • Listing Brokerage: Keller Williams Experience Realty - Disclaimer: The information contained in this listing has not been verified by Keller Williams Experience Realty and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 154 Fifth Street
  • City: Midland

    More 3 bedrooms homes for sale in Midland

  • Neighbourhood: Midland
  • Major Intersection: Quebec & Fifth
  • Full Address: 154 Fifth Street, Midland, L4R 3V9, Canada, ON, Canada
  • Kitchen:
  • Living Room:
  • Living Room:
  • Kitchen:
  • Amenities:
  • Taxes: $2,849.00 (2025)
Kitchen11 x 16 ft176 sq ft
Living11 x 19 ft209 sq ft
Br13 x 11 ft143 sq ft
Br9 x 11 ft99 sq ft
Bathroom6 x 7 ft42 sq ft
Living10 x 15 ft150 sq ft
Kitchen11 x 8 ft88 sq ft
Br11 x 11 ft121 sq ft
Bathroom5 x 6 ft30 sq ft

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WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.