253 King Street $1,199,000


    253 King Street Midland, ON L4R 3M4

    • 4,560 sq. ft.
    • Commercial
    • MLS# 40356432
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    Top 5 Reasons You Will Love This Property: 1) Incredible investment opportunity with a proven commercial tenant under contract 3 years in the heart of downtown Midland, home of Ontario's best Butter Tart Festival 2) 2 upper level two bedroom apartments, currently tenant free, one owner occupied, and one currently run as a successful Airbnb, ideal for either short or long-term rentals 3) 6 driveway parking spaces, a new roof (November 2022) on the building and garage, and great potential for a cashflow opportunity 4) Sought-after location within walking distance to the waterfront, walking trails, and a variety of in-town amenities 5) Abundance of potential for outdoor activities on the water including boating, swimming, kayaking, and so much more. Age 100. Visit our website for more detailed information.

    • General Features
      • Zoning DC-F2
      • Year Built Details Completed / New
      • Year Built 1922
      • Property Attached Y/N false
      • County Or Parish Simcoe County
      • New Construction Y/N true
    • Building Features
      • Building Area Units Square Feet
      • Building Area Total 4560
      • Construction Materials Brick
      • Carport Y/N false
      • Cooling Wall Unit(s)
      • Attached Garage Y/N false
      • Basement Full, Unfinished
      • Bedrooms 0
      • Foundation Details Stone
      • Fireplace Y/N false
      • Garage Y/N false
      • Heating Y/N true
      • Heating Electric, Heat Pump
      • Parking Features Asphalt
      • Number Of Units Total 0
      • Patio And Porch Features Deck
      • Parking Total 3
      • Sewer Sewer (Municipal)
      • Stories Total 2
      • Waterfront Y/N false
    • Property Features
      • Frontage Length 18.00
      • Frontage Type East
      • Lot Features Rectangular,Arts Centre,Hospital,Marina
      • Lot Size Dimensions 175 x 18
      • Open Parking Y/N true
      • Open Parking Spaces 2



    L4R 3M4 (Midland) Demographics

    49 Median Age
    378 Population Density (per sq. mile)
    N/A College Educated
    $60,140 Estimated Median Income
    3,000 Estimated Total Home Owners
    8,715 Estimated Total Renters
    75% / 26% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    18,264 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,199,000
    12/6/2022 6:41:00 PM New in Database Source: Multiple Listing Service New Value: $1,199,000

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    Information is provided in part by the IDX program of the Information Technology Southern Ontario MLS®. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.