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154 Fifth Street

Midland, Midland, L4R 3V9

$519,000

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  • 3 bedrooms
  • 2 bathrooms
  • 4 parking
  • 1100-1500 sq ft

Listed 35 days ago · MLS® S13785972

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!

Details

Type
Duplex
Style
1 1/2 Storey
Age
100+ years
Size
1100-1500 sq ft
Lot
50 × 100 ft
Basement
Unfinished
Garage
None
Kitchens
2
Property tax
$2,849 (2025)
Neighbourhood
Midland
Municipality
Midland

Interior

Bedrooms
3 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second)
Rooms
12 above ground
Family room or den
No
Fireplace
No
Features
Separate Hydro Meter

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
1 1/2 Storey
Exterior
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation
Stone
Age
100+
Faces
West
Outdoor
Deck, Patio

Parking

Total parking
4
Driveway and parking
Private Double

Lot

Size
50 × 100 ft

More

Possession
Flexible
Cross street
Quebec & Fifth

Rooms

RoomLevelSizeFeatures
KitchenMain3.48 × 4.83 m (11'5" × 15'10")
Living RoomMain3.33 × 5.74 m (10'11" × 18'10")
BedroomMain4.04 × 3.28 m (13'3" × 10'9")
BedroomMain2.64 × 3.4 m (8'8" × 11'2")
BathroomMain1.91 × 2.08 m (6'3" × 6'10")4 Pc Bath
Living RoomSecond2.97 × 4.65 m (9'9" × 15'3")
KitchenSecond3.38 × 2.39 m (11'1" × 7'10")
BedroomSecond3.38 × 3.25 m (11'1" × 10'8")
BathroomSecond1.5 × 1.93 m (4'11" × 6'4")4 Pc Bath

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 14 cafés and restaurants, 4 parks, 1 pharmacy. Nearest grocery: No Frills (800 m). Nearest park: Bayview Park (250 m).

Schools nearby

Elementary

  • Bayview Public School
    EQAO: Gr 6 reading 81%, math 45%    11 min walk
  • Mundy's Bay Elementary Public School
    EQAO: Gr 6 reading 76%, math 45%    12 min walk
  • Monsignor Castex Separate School Catholic
    EQAO: Gr 6 reading 68%, math 37%    1.7 km
  • Sacred Heart School Catholic
    EQAO: Gr 6 reading 60%, math 0%    1.7 km

Secondary

  • Simcoe Alternative Secondary School12 min walk
  • Georgian Bay District Secondary School
    EQAO: Gr 9 math 42%, literacy test 82%    16 min walk
  • St. Theresa's Catholic High School Catholic
    EQAO: Gr 9 math 42%, literacy test 76%    2.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4R

Owners / renters
68% / 32%
Median household income
$70,500
Average age
47
Children under 15
13%
Homes
67% detached, 6% high-rise
Commute by transit
1%
Population
19,245

Languages spoken most at home besides English: Punjabi (Panjabi) 0.3%, Polish 0.2%, German 0.2%, Russian 0.2%.

Safety

Crime Severity Index for Southern Georgian Bay (Midland) (OPP): 74 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by KELLER WILLIAMS EXPERIENCE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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