Home · Buy · Midland · 253 King Street, Midland, ON L4R 3M4
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For Sale · Commercial Retail
253 King Street, Midland, ON L4R 3M4
Midland · Midland
Lane garage
0
Beds
—
Baths
2
Parking
4882 sq ft
Sq ft
100+ yrs
Built
The honest picture
List price
$849,900
Renavu Estimate
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Benchmark · All homes
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Benchmark from the monthly TRREB Home Price Index. Estimate for guidance only — not an appraisal.
About this home
Don't miss this exceptional chance to own a solid, income-generating building in a high-visibility downtown location just two blocks from Midland's scenic waterfront. This mixed-use property features two built-in residential tenants-one on a month-to-month lease and another under contract until March 2026-along with a vacant ground-floor commercial retail space ready for your business or next tenant. Formerly home to Midland's longest-running bakery, the main floor retail space includes a commercial range hood and commercial bread oven, offering an ideal setup for a food-based business, but also zoned for many permitted uses. At the rear, the property backs onto a public parking lot, ensuring easy access and high foot traffic-a huge plus for commercial tenants. A key upgrade is the new flat roofing system (2022). The second floor features two residential apartments, one of which has been fully renovated with a modern kitchen, new appliances, updated flooring, bathroom & lighting, fixtures, and soaring loft-style ceilings. A great opportunity to relocate your business, start a new venture or add this to your portfolio.
Property details
Listed on
April 2, 2026
Days on market
113 days
Property tax
$8,927 (2025)
Lot
18.36 × 175.5 Feet
Heating
Baseboard
Cooling
Partial
MLS®
S12950942
Full details
Parking
GarageLane
Total parking2
Property & sold history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 7.1%
$
Down:or type any amount above
This price requires at least 7.1% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$13,473
Legal · title · inspection$2,800
Closing costs$16,273
Down payment$59,990
Total cash to close$76,263
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.