Ontario Homes for sale offer a wide variety of housing options for homebuyers looking for properties in one of Canada’s most populous provinces. The marketplace includes everything from modern luxury condominiums to historic homes with classic architectural details. The province is also home to many diverse and vibrant neighborhoods that cater to different lifestyles. Whether you’re looking for a peaceful suburban community or a bustling urban center, there is sure to be a home in Ontario that suits your preferences. Additionally, the province’s real estate market is dynamic, with properties available at different price points and in various locations.

Search
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.

Features
: Full
C$2160
: Schools, City Lot, Marina, Public Transit, High Traffic Area
: Sewer (municipal)
Address Map
ON
Simcoe County
Midland
L4R 3M3
268 King Street
0
W80° 6′ 50.8”
N44° 45′ 0.4”
Hwy 12 to right on King St
Additional information
Royal LePage In Touch Realty, Brokerage (Hwy 93 – Unit 200)
: West
0
2
C$5524
: Municipal

268 King Street, Midland, ON L4R 3M3

C$929900
Listing ID #40578252
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 40578252
Price : C$929900
Building Area : 3,552 Sqft
Status : Active
Property SubType : Mixed,building And Land
Zoning : DC-F2
Agent info
Mobility Team
Contact Agent