Home with brick exterior material, street for 224 4th St, Midland Ontario L4R 3T5
71 days on Market

224 4th St, Midland, Ontario L4R 3T5

Townhouse
6
3
~2000-2500 sqft
$•••,•••
$574,900
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Townhouse
6
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market71 days

Estimated valueNot available

Price/Sqft$258/sqft

Monthly cost

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Description

This legal duplex offers a rare opportunity to generate steady rental income with three fully self-contained units, perfectly situated in Midland's vibrant downtown core. The property includes a bright and spacious 1-bedroom, 1-bath main floor unit with on-site laundry; a second main floor unit offering 2 bedrooms and 1 bath; and a well-appointed upper-level unit with 2 bedrooms, 1 bath, a bonus den, and its own laundry facilities. With a smart layout and private living spaces, this home caters perfectly to the needs of todays renters. Outside, the partially fenced backyard offers a shared outdoor area, while two separate driveways provide ample parking for tenants. Located just minutes from Georgian Bay, marinas, downtown shops and restaurants, and all essential amenities, this property is a fantastic option for those looking to invest in a high-demand rental market. Whether you're expanding your portfolio or entering the investment space for the first time, this property offers immediate income potential and long-term value. Take possession any time this is a rare find in one of Midlands most sought-after locations.


Property Details

Style2 1/2 Storey
ViewTrees/Woods
Age of property100+
SqFt~2000-2500 SqFt
Lot Size6,800 SqFt(100 x 68)
Parking Spaces6
MLS ®NumberS12317980
Community NameMidland
Data SourceTRREB
Listing byKeller Williams Co-Elevation Realty, Brokerage

Features

Heating: Forced Air
Basement: Crawl Space

Main Floor

Br

3.43 x 3.32

Kitchen

3.56 x 3.53

Dining

3.56 x 3.32

Living

3.04 x 2.83


Features

Lot size: 6,800 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Jul 31, 2025
ListedActive
$574,900
71 days on market
history photo preview18
Listing by trreb®
Property listed by Keller Williams Co-Elevation Realty, Brokerage, Brokerage
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Market Data - Midland

Geo Zone Map ThumbnailMidland

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

54 days

Compared to

2024

14 days

2023

89 days

2022

25 days

New Listings

Past 30 days

4 listings

Compared to

2024

11 listings

2023

11 listings

2022

4 listings

Units sold

Past 30 days

5 units

Compared to

2024

2 units

2023

3 units

2022

2 units

Median Sold Price

Past 30 days

$520,000

Compared to

2024

$590,500

2023

$530,000

2022

$692,500


Population and Demographics

Overview

Total population 17454
Average household income $98,966

Age (%)

0 to 19
18%
20 to 34
16%
35 to 49
16%
50 to 64
22%
65 and plus
28%

Household composition (%)

Single family
61%
Single person
33%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
91%
French
3%
Others
3%
German
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget