230 Queen Street, Midland, ON

$724,900
MLS#:S11933689
5 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Midland. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $724,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 45 x 125 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Other
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Add this legal triplex to your real estate portfolio! New to the market - this is a great income property to start with. Opportunity to combine this purchase with 226 Queen St and acquire a commercial mortgage. Fully detached, legal triplex in Midland with two units - 2 bed, kitchen, bath and one unit - 1 bed, kitchen, bath. Appliances included as shown. Convenience of laundry in each unit, and parking onsite. This one is the ideal starting place for new investors or for the seasoned investor looking for an easy triplex to add to their portfolio. Rent earns approximately $47,000 gross per year. Don't miss out on this opportunity! Midland offers outstanding all season recreation, key amenities (shopping, services, dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. **EXTRAS** Each unit is supplied with appliances, laundry, onsite parking. Central location with easy access to key amenities, transportation routes.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 7, 2025
Sold price information is available to members only
Listed Date1/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionOther
Lot Size45 × 125 Feet
CountySimcoe
Annual Tax$4,440.39
Legal DescriptionPT LOT 5 W/S QUEEN ST, LOT 6, PLAN 166, PT 1, 51R13461

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Rec./Commun.Centre, Public Transit, School, Place Of Worship, Hospital, Park

Community Features

Location

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230 Queen Street, Midland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 230 Queen Street, Midland, ON L4R 3H1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$579,920
Monthly Mortgage$3,370
Property Tax (Est.)$370
Utilities & Maint.$350
Total Monthly Cost$4,090

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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