For Sale

268 King Street, Midland, Ontario L4R 3M3

$769,000

268 King Street, Midland, Ontario L4R 3M3 is For Sale and has a listing price of 769,000. The property is located in the Midland neighbourhood . It's been on the website for 15 Days.

  • MLS ID: S12299236
  • Office Name EXP REALTY
Property Description

This Fully-Leased Commercial Building In Downtown Midland, Located In The Vibrant Setting Of Georgian Bay, Presents An Exceptional Investment Opportunity. The Property Comprises Three Units, With A Main Floor Housing A Thriving Health Food Store And Two Residential Units Above. These Apartments Include A Spacious 3-Bedroom, 2-Bathroom Unit And A Comfortable 2-Bedroom, 2-Bathroom Unit, Ensuring A Diverse And Stable Rental Income Stream. With Its Current Rents And Long-Term Lease Agreements, This Property Offers A Compelling Return On Investment That Is Expected To Endure For Years To Come. The Building Enjoys Prominent Visibility Along King St And Access From Hugel Ave, Attracting High Volumes Of Both Drive-By And Walk-In Traffic. Its Strategic Location In The Heart Of The Downtown Core Positions It For Continued Growth And Success. Furthermore, The Recent Complete Renewal Of The Streetscape In 2020 By The Town Of Midland Enhances The Property’s Appeal And Value. This, Coupled With Midland’s Reputation As A Fast-Growing And Picturesque Town, Makes This Property A Highly Desirable Asset For Any Investor Looking For Long-Term Rental Income In A Thriving Community.

Property Details
  • MLS ID: S12299236
  • Price: $769,000
  • Lot Depth: 79.9
  • Transaction Types: For Sale
  • Ref ID: S12299236
  • Year Built: N/A
  • Dir / Cross St: Hugel Ave & King St
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
07/22/2025 S12299236 $769,000 For Sale - -
03/19/2025 S12028450 $899,990 For Sale - -
03/19/2025 S12028449 $899,990 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Midland
  • $744,126 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 114 Median Days on Market
    based on 1 year
  • List vs. Selling Price 139.84 % Up
  • Sold (12mo) 153
  • Rented (12mo) 29

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 85 Walk Score
    Very Walkable
  • 78 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Parking Spaces: 2
  • Taxes: $8,300
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 22/07/2025 12:24:01
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