NewFor sale 50$519,000
154 Fifth Street
Midland, Ontario L4R3V9
For sale· Added
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
| Kitchen | Main level | 3.48 x 4.83 m |
| Living room | Main level | 3.33 x 5.74 m |
| Bedroom | Main level | 4.04 x 3.28 m |
| Bedroom | Main level | 2.64 x 3.4 m |
| Bathroom | Main level | 1.91 x 2.08 m |
| Living room | Second level | 2.97 x 4.65 m |
| Kitchen | Second level | 3.38 x 2.39 m |
| Bedroom | Second level | 3.38 x 3.25 m |
| Bathroom | Second level | 1.5 x 1.93 m |
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