Scout N Secure

$519,000

Map

154 Fifth Street

Midland, Ontario L4R3V9

For sale· Added

3 bed2 bath1,100–1,500 sqft

About this home

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!

Location

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Property details

Listing

MLS® number
S13785972
Added
Sep 15, 2026 ()
Updated
Sep 15, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Duplex
Storeys
1.5

Inside

Bedrooms
3
Bathrooms
2
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Appliances
Washer, Refrigerator, Stove, Dryer
Features
Sloping

Building

Basement
Unfinished
Exterior
Brick, Aluminum siding
Foundation
Stone
Parking
No Garage · 4 spaces
Amenities
Separate Electricity Meters

Land

Lot size
50 x 100 ft
Zoning
RS2

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Quebec & Fifth
Directions
Forth St to Quebec St to Fifth St.

Running costs

Annual property tax
$2,849

Rooms

KitchenMain level3.48 x 4.83 m
Living roomMain level3.33 x 5.74 m
BedroomMain level4.04 x 3.28 m
BedroomMain level2.64 x 3.4 m
BathroomMain level1.91 x 2.08 m
Living roomSecond level2.97 x 4.65 m
KitchenSecond level3.38 x 2.39 m
BedroomSecond level3.38 x 3.25 m
BathroomSecond level1.5 x 1.93 m

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$519,000
154 Fifth Street
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