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154 Fifth Street
Midland Midland L4R 3V9

$499,900
Residential Freehold beds: 3 baths: 2.0

Main Photo: 154 Fifth Street: Midland House for sale : MLS®# S14129136
Photo 1: 154 Fifth Street: Midland House for sale : MLS®# S14129136
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
S14129136
Bedrooms:
3
Bathrooms:
2
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!
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
1 1/2 Storey
Approx. Age:
100+
Total Approx Floor Area:
1100-1500
Lot Depth:
100'
Lot Frontage:
50'
Topography:
Sloping
Direction Faces:
West
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Bedrooms Above Grade:
3
Kitchens Above Grade:
2
Rooms Above Grade:
12
Zoning:
RS2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private Double
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$2,849 / 2025
Assessment:
$- / -
Simcoe
Midland
Midland
Carpet Free, Separate Hydro Meter, Water Meter
Deck, Patio
Water Heater
Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Shed (X3)
Aluminum Siding, Brick
Floor
Type
Size
Other
Main
Kitchen
15'9¾" × 11'5"
Main
Living Room
18'10" × 10'11"
Main
Bedroom
13'3" × 10'8¾"
Main
Bedroom
11'2" × 8'8"
Second
Living Room
15'3" × 9'9"
Second
Kitchen
11'1" × 7'10"
Second
Bedroom
11'1" × 10'8"
Floor
Ensuite
Pieces
Other
Main
No
4
6'3" x 6'10" 4 Pc Bath
Second
No
4
4'11" x 6'4" 4 Pc Bath
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Level:
Main Level
Date Listed:
Oct 29, 2026
Original Price:
Previous Price:
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Listed by KELLER WILLIAMS EXPERIENCE REALTY
Data was last updated October 30, 2026 at 04:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.