154 Fifth St

About this Property

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

MLS #

S14129136

Board

PROPTX

Market

ontario

Property Type

Duplex

Style

1 1/2 Storey

Year Built

100+

Garage

None

Parking Spaces

4

Basement

Unfinished

Heating

Forced Air

Cooling

Central Air

Pool

None

Lot Size

50 × 100 ft

Annual Taxes

$2,849/yr

Listed By

KELLER WILLIAMS EXPERIENCE REALTY

Listed On

October 29, 2026

Features & Extras