$699,000
( $169.45Per Sq Foot )
 $3,752 est/mo Sourced by Back At You

505 King Street,Midland, ON L4R 3N5

Midland, ON L4R 3N5

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Description

Here's your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It's in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain ***

Details

MLS #S12828144
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site181
Listing Provided ByRoyal LePage In Touch Realty | S12828144 551305

Features

SQ Feet4,125
Acreage0.09

Interior

CoolingNo

Exterior

Community FeaturesPublic Transit, Recreation/Community Centre
Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount7984
Tax Assessed Value338000
Tax TypeAnnual
Tax Legal DescriptionLT 2 E/S KING ST PL 173 MIDLAND; MIDLAND
Tax Year2025

Area Information

ProvinceON
CountySimcoe
CityMidland
Postal CodeL4R 3N5
AreaMidland
Listing VS Median (in L4R 3N5)
Price:
$699,000
low | high
Med:
$699,000
50% of Average
sqft:
4,125
low | high
Med:
4,125
50% of Average
$ / sqft:
$169
low | high
Med:
$169
50% of Average
On site:
181
low | high
Med:
181
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountySimcoe
CityMidland
Postal CodeL4R 3N5
AreaMidland
Listing VS Median (in L4R 3N5)
Price:
$699,000
low | high
Med:
$699,000
50% of Average
sqft:
4,125
low | high
Med:
4,125
50% of Average
$ / sqft:
$169
low | high
Med:
$169
50% of Average
On site:
181
low | high
Med:
181
100% of Average
Sourced by Back At You
Listing Updated: August 3, 2026 at 7:34:08 AM PDT