486 Hannah Street
Midland, ON
- 5 bed
- 3 bath
- approx. 2000-2500 sqft
- Detached
- 3 days on market
Discover this standout 3-Unit investment opportunity! Welcome to this well-maintained detached home in a sought-after Midland neighbourhood. This property features; ***Main Floor: 2 bedrooms/kitchen/bath with direct access to charming, roof-covered front & back porches. ***Second Floor: 2 bedrooms/kitchen/bath featuring a sunny balcony right off the living room. ***Third Floor: 1 studio-style bedroom/kitchen/bath layout. ***Basement: Washer/Dryer, 3 separate water heaters, single shared furnace. Many big-ticket upgrades already done! In 2015 upgraded windows were installed on Main & 2nd floors. Refreshed and updated kitchens and bathrooms on both the main, second & third floors. (A comprehensive maintenance and upgrade list is fully detailed in the schedules.) Documents available to support the history of multi-family use. Three separate hydro meters, one for each unit, plus an additional hydro meter for the laundry/utility room in the basement. Perfect for multi-generational families or investors. Property is being sold in 'as-is' condition. Buyer to verify and satisfy themselves with respect to current municipal zoning compliance, MPAC designations and Ontario Fire Code requirements.
Listing Details
- Taxes (2026)
- $3,062
- Listed
- September 16, 2026
Price History
Property
- Style
- 2 1/2 Storey
- Age
- 100+
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Suspended Ceilings, Water Heater
- Lot Size
- 44.91 x 136.67 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- KingSt. / HannahSt.
- Zoning
- R3
- Parcel Number
- 584700103
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- Includes existing appliances; 3 refrigerators, 3 stoves, 1 washer, 1 dryer, all electric light fixtures and ceiling fans.
- Exclusions
- Excludes any personal items belonging to the tenant on the main floor. Excludes 3 hot water tanks and 1 furnace.
- Rental Items
- Rental/Service Contracts with Enercare; Two hot water tanks and 1 Furnace.
Schools
Elementary
- Huron Park Public School0.5 km
Public · Simcoe County DSB · 435 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Mundy's Bay Elementary Public School0.9 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 45% met the provincial standard
- Sacred Heart School1 km
Catholic · Simcoe Muskoka CDSB · 160 students
Grade 6 math: 0% met the provincial standard
Secondary
- St Theresa's Separate School1.1 km
Catholic · Simcoe Muskoka CDSB · 730 students
Grade 10 literacy: 76% met the provincial standard
- Georgian Bay District Secondary School1.6 km
Public · Simcoe County DSB · 1110 students
Grade 10 literacy: 82% met the provincial standard
- École secondaire Le Caron4.9 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
- $515,000
- Homes sold
- 253
- Median days on market
- 35
- Sale-to-list price
- 95.7%
Based on 253 recorded sales of residential freehold properties in Midland over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second, 3-piece on Third
Third
- Bedroom11'5" x 8'8"
- Breakfast9'1" x 5'
- Foyer13' x 8'5"
- Kitchen6'7" x 9'2"
- Living Room7'4" x 10'5"
Second
- Bedroom12'6" x 10'6"
- Bedroom 212'7" x 8'8"
- Kitchen12'6" x 8'6"
- Living Room12'6" x 13'5"
Main
- Bedroom12'11" x 8'10"
- Bedroom 212'5" x 7'5"
- Kitchen12'4" x 12'10"
- Living Room12'4" x 12'10"
Listed by
ROYAL LEPAGE TERREQUITY REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
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: $2,456/mo (20% down, 5.5%)
Taxes: $255/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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