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MLS® S14129136
Midland, ON
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!
Inclusions
Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Shed (X3)
Broker
KELLER WILLIAMS EXPERIENCE REALTY
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Duplex
154 Fifth Street Midland
Midland
Built
100+
Type
Duplex
Basement
Unfinished
Parking
None (4)
Property Tax
~$2,849/yr
Heating
Forced Air
Buying Essentials
Square Feet
1300 sqft
Facing Direction
West
Parking
None (4)
Finances
List Price
$499,900
Price per SQFT
$385/sqft
Property Tax
~$2,849/yr
Property Specs
Property Type
Duplex
MLS Size
1300 sqft
Age of Building
100+
Basement
Unfinished
Living & Amenities
Heating Type
Forced Air
Features
Carpet Free · Separate Hydro Meter · Water Meter
Policies & Utilities
Neighbourhood
Midland
Listed On
Oct 29, 2026
Days on Market
Current: 8 days
11.4 x 15.8
181 sqft
10.9 x 18.8
205 sqft
13.2 x 10.7
142 sqft
8.7 x 11.2
97 sqft
4 Pc Bath
6.2 x 6.8
43 sqft
9.7 x 15.2
148 sqft
11.1 x 7.8
86 sqft
11.1 x 10.7
118 sqft
4 Pc Bath
4.9 x 6.3
31 sqft
Rooms
9
Listed Room Area
1,051 sqft
Source
Estimated from MLS room dimensions
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