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!
For sale
C$519,000
154 5th St, Midland, ON L4R 3V9
3beds
2baths
Duplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
One-bedroom unitTwo-bedroom unitIn-suite laundryStorage shed
- 2 days
- 5
- 0
Zillow last checked:
Listing updated:
Listed by:
KELLER WILLIAMS EXPERIENCE REALTY
Source: TRREB,MLS®#: S13785972
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Separate Hydro Meter
- Basement: Unfinished
- Has fireplace: No
Interior area
- Living area range: 1100-1500 null
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Private Double
Features
- Stories: 1.5
- Patio & porch: Deck, Patio
- Pool features: None
Lot
- Size: 5,000 Square Feet
- Topography: Sloping
Details
- Parcel number: 584600230
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum Siding, Brick
- Foundation: Stone
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Midland
Financial & listing details
- Annual tax amount: C$2,849
- Date on market: 9/15/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: L4R
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.






