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.

Market Trend
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Financial Audit

Estimated Costs

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

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Midland.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Midland, Midland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$616,181

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

Huron Park
Public425 Robert Street, Midland, Ontario, L4R 2M2
6.0
Mundy's Bay
Public340 Sixth Street, Midland, Ontario, L4R 3Y4
4.4
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

St. Theresa’s
Catholic347 Galloway Boulevard, Midland, Ontario, L4R 5B2
5.2
Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3
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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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.