154 Fifth Street
Midland, ON
- 3 bed
- 2 bath
- approx. 1100-1500 sqft
- Duplex
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!
Listing Details
- Taxes (2025)
- $2,849
- Listed
- September 14, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Age
- 100+
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Separate Hydro Meter
- Lot Size
- 50 x 100 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Quebec & Fifth
- Zoning
- RS2
- Parcel Number
- 584600230
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Fridge (X2), Stove (X2), Washer (X2), Dryer (X2), Shed (X3)
- Rental Items
- Water Heater
Schools
Elementary
- Mundy's Bay Elementary Public School0.7 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Bayview Public School0.7 km
Public · Simcoe County DSB · 340 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Huron Park Public School1.6 km
Public · Simcoe County DSB · 435 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 43% met the provincial standard
Secondary
- Georgian Bay District Secondary School1 km
Public · Simcoe County DSB · 1110 students
Grade 10 literacy: 82% met the provincial standard
- St Theresa's Separate School2.2 km
Catholic · Simcoe Muskoka CDSB · 730 students
Grade 10 literacy: 76% met the provincial standard
- École secondaire Le Caron3.8 km
French public · CS Viamonde · 100 students
Grade 10 literacy: 100% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Midland · last 12 months
- Median sold price
- $520,000
- Homes sold
- 250
- Median days on market
- 35
- Sale-to-list price
- 95.8%
Based on 250 recorded sales of residential freehold properties in Midland over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second
Second
- Bathroom4'11" x 6'4"
- Bedroom11'1" x 10'8"
- Kitchen11'1" x 7'10"
- Living Room9'9" x 15'3"
Main
- Bathroom6'3" x 6'10"
- Bedroom8'8" x 11'2"
- Bedroom13'3" x 10'9"
- Kitchen11'5" x 15'10"
- Living Room10'11" x 18'10"
Listed by
KELLER WILLIAMS EXPERIENCE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$103,800
Estimated Monthly Payment
$2,550
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,550/mo (20% down, 5.5%)
Taxes: $237/mo · Insurance: $130/mo
Estimates only. Consult a financial advisor.
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