Home · Buy · Midland · 264 First Street, Midland, ON L4R 3N8

For Sale · Commercial Retail

264 First Street, Midland, ON L4R 3N8

Midland · Midland

Beds

—

Baths

Parking

1664 sq ft

Sq ft

—

Built

The honest picture

List price

$599,900

Renavu Estimate

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About this home

Great investment opportunity in a high-exposure Midland location with ample parking and strong income potential. Mixed-use building featuring two commercial units (approx. 800 sq ft each) and one spacious two-bedroom residential apartment. Both commercial units include separate hydro meters and 2-piece bathrooms, and have been recently updated with new flooring, paint, and fixtures. Front commercial unit to be delivered vacant, offering flexibility for owner-occupier or investor. Second floor residential unit extensively renovated with new LVP flooring, kitchen cabinetry, appliances, quartz countertops, and updated bathroom and light fixtures. Open-concept layout. All units equipped with electric Napoleon split systems providing heating and cooling. Residential unit includes six appliances. There are three separate hydro meters. The property offers excellent visibility and versatility for investors or end users. Buyer to verify all measurements, zoning, and permitted uses.

Property details

Listed on

April 10, 2026

Days on market

105 days

Property tax

$4,039 (2026)

Lot

72 × 50 Feet

Heating

Baseboard

Cooling

Yes

MLS®

S12983474

Full details

Parking

GarageNone

Property & sold history

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Run the numbers

True cost to close

What you actually need in cash — land transfer tax, closing costs, and your down payment.

Purchase price

Down payment · 5.8%

Down:or type any amount above

This price requires at least 5.8% down (5% on the first $500K, 10% above).

Property is in the City of TorontoFirst-time buyer

Legal fees

Title insurance

Home inspection

Ontario land transfer tax$8,473

Legal · title · inspection$2,800

Closing costs$11,273

Down payment$34,990

Total cash to close$46,263

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.