264 First Street
Midland, ON
1,664 sqft • Commercial Retail • 139 days on market
Great investment opportunity in a high-exposure Midland location with ample parking and strong income potential. Mixed-use building featuring two commercial units (approx. 800 sq ft each) and one spacious two-bedroom residential apartment. Both commercial units include separate hydro meters and 2-piece bathrooms, and have been recently updated with new flooring, paint, and fixtures. Front commercial unit to be delivered vacant, offering flexibility for owner-occupier or investor. Second floor residential unit extensively renovated with new LVP flooring, kitchen cabinetry, appliances, quartz countertops, and updated bathroom and light fixtures. Open-concept layout. All units equipped with electric Napoleon split systems providing heating and cooling. Residential unit includes six appliances. There are three separate hydro meters. The property offers excellent visibility and versatility for investors or end users. Buyer to verify all measurements, zoning, and permitted uses.
Listing Details
- Taxes (2026)
- $4,039
- Listed
- April 10, 2026
Price History
Property
- Lot Size
- 72 x 50 Feet
Location & Legal
- Cross Street
- First and Hugel
- Zoning
- DCF2
- Parcel Number
- 584650069
- Possession
- Flexible
Commercial
- Occupancy
- Owner+Tenant
Included
- Inclusions
- Fridge, Stove, Dishwasher, Washer, Dryer, Microwave
- Rental Items
- Hot water tank is a rental.
Community
Postal area L4R
- Population
- 19,245
- Private dwellings
- 8,901
- Median age
- 50.4
- Average household size
- 2.2
- Median household income
- $70,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Midland · last 12 months
- Median sold price
- $515,000
- Homes sold
- 253
- Median days on market
- 35
- Sale-to-list price
- 95.8%
Based on 253 recorded sales of commercial properties in Midland over the last 12 months.
Listed by
Team Hawke Realty
Location
Commercial figures
- Building area
- 1,664 sq ft
- Price per sq ft
- $360.52
- Annual property tax
- $4,039
- Tax per sq ft
- $2.43
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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