154 Fifth Street, Midland, ON L4R 3V9
Midland · Near Quebec & Fifth · View map
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!
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 12
- Basement
- Unfinished
- Lot size
- 50 x 100 ft
- Faces
- West
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private Double
Taxes & other
- Property taxes
- $2,849/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Quebec & Fifth
- Neighbourhood
- Midland
More
- Price per sq ft
- ~$399 (at 1,300 sq ft)
- Listed
- Sep 15, 2026 · 28 days ago
- MLS® number
- S13785972
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The home and its surroundings
- Separate Hydro Meter
- Deck
- Patio
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 154 Fifth Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 154 Fifth Street
Answers come straight from this home’s MLS® listing.
How much is 154 Fifth Street listed for, and what would it cost each month?
154 Fifth Street is listed for $519,000. With 20% down ($103,800), the mortgage payment would be roughly $2,094 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,331 a month, all in. That figure is an illustration, not a quote.
Is 154 Fifth Street freehold or a condo, and is there a monthly fee?
154 Fifth Street is a 1 1/2 storey in Midland. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 154 Fifth Street have?
154 Fifth Street has 3 bedrooms and 2 bathrooms.
Does 154 Fifth Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 154 Fifth Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 154 Fifth Street?
154 Fifth Street is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 154 Fifth Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 100 ft.
How is 154 Fifth Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 154 Fifth Street?
Property taxes are $2,849 a year (2025), or about $237 a month.
Where is 154 Fifth Street?
154 Fifth Street is in Midland. The nearest main intersection is Quebec & Fifth. The postal code is L4R 3V9.
How long has 154 Fifth Street been on the market?
154 Fifth Street was listed on September 15, 2026. It has been on the market for 28 days. It is an active listing (MLS® S13785972). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 154 Fifth Street asking?
Similar bungalow-style homes for sale nearby right now include 200 Fifth Street at $459,900 (3 bed), 346 Yonge Street at $514,900 (3 bed) and 680 Ontario Street at $465,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 154 Fifth Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 154 Fifth Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Midland, picked by style, size and price.
1 1/2 storey$459,900200 Fifth Street, Midland3 bed · 1 bath · MidlandCourtesy of: Team Hawke RealtyView home →
1 1/2 storey$514,900346 Yonge Street, Midland3 bed · 2 bath · MidlandCourtesy of: Team Hawke RealtyView home →
1 1/2 storey$465,000680 Ontario Street, Midland3 bed · 1 bath · MidlandCourtesy of: Keller Williams Experience RealtyView home →Courtesy of: KELLER WILLIAMS EXPERIENCE REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.