261 KING Street, Midland, ON

$629,900
MLS#:S13069228
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Midland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $629,900 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 22 x 175.5 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

This 4,000 , 3 level, well cared for building has a multitude of retail and residential use options, due to its amazing location in downtown Midland. The picturesque town of Midland, being only a short 90 minute drive to Toronto, has evolved into a major tourist hub, attracting cottagers and tourist from around the globe. For the last 31 years the main retail level has been a successful ladies/mens footwear business, Shoes to Boot! The second level consists of 2 efficient one bedroom residential units. This building has been meticulously cared for and upgraded. Private parking, attractive court yard, front and back access, limitless downtown parking, and full lower level for storage. Great value for the savvy investor! Vacant possession of 2 apartments and commercial unit available.

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Key Features

0
Property Type
Commercial

Additional Details

StatusActive
Listed Date5/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size22 × 175.5 Feet
CountySimcoe
Annual Tax$7,083
Legal DescriptionPT LT 2 E/S KING ST PL 166 MIDLAND AS IN RO1425039; MIDLAND

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

Public Transit

Location

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261 KING Street, Midland, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Midland, Midland.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$585,202

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Mundy's Bay
Public340 Sixth Street, Midland, Ontario, L4R 3Y4
4.4
Huron Park
Public425 Robert Street, Midland, Ontario, L4R 2M2
6.0
Sacred Heart
Public241 Elizabeth Street, Midland, Ontario, L4R 1Y5
2.6
Bayview
Public845 Ottawa Street, Midland, Ontario, L4R 1C9
5.8
Monsignor Castex
Public120 Penetanguishene Road, Midland, Ontario, L4R 4Z6
5.8

Secondary Schools

Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3
St. Theresa’s
Catholic347 Galloway Boulevard, Midland, Ontario, L4R 5B2
5.2
Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 261 KING Street, Midland, ON L4R 3M4

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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Financial Audit

Estimated Costs

Loan Amount$503,920
Monthly Mortgage$2,928
Property Tax (Est.)$590
Utilities & Maint.$350
Total Monthly Cost$3,868

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in Midland.

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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.