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Last Updated : 22 Days ago
268 King St, Midland, Ontario, Midland
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268 King St, Midland MLS Number: S8304202

Midland, Simcoe, ON, L4R 3M3

$899,900

Price drop by $30,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $5524.00 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage In Touch Realty

268 King St Property Description

Land and Building only. This fully-leased commercial building in Downtown Midland, located in the vibrant setting of Georgian Bay, presents an exceptional investment opportunity. The property comprises three units, with a main floor housing a thriving Health Food Store and two residential units above. These apartments include a spacious 3-bedroom, 2-bathroom unit and a comfortable 2-bedroom, 2-bathroom unit, ensuring a diverse and stable rental income stream. With its current rents and long-term lease agreements, this property offers a compelling return on investment that is expected to endure for years to come. The building enjoys prominent visibility along King St and access from Hugel Ave, attracting high volumes of both drive-by and walk-in traffic. Its strategic location in the heart of the downtown core positions it for continued growth and success. Furthermore, the recent complete renewal of the streetscape in 2020 by the Town of Midland enhances the property's appeal and value. This, coupled with Midland's reputation as a fast-growing and picturesque town, makes this property a highly desirable asset for any investor looking for long-term rental income in a thriving community.

268 King St Property Facts

Property Type :Commercial
MLS Number :S8304202
Listing Type :Sale
Possession Date :
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Last Updated :19 Oct, 2024 (22 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L4R 3M3
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268 King St Property Price & Tax Insights

Price : $899,900
Property Taxes :$5524.00
Tax Year :2023

268 King St, Midland Property Details

Cross Street :Hugel Ave & King St
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268 King St, Midland - Price History

2024-06

11 Jun, 2024

TREB #S8304202

Available

$899900.0

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  • 1.2M
  • 1.6M
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  • 12
  • 18
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268 King St - Location Map and Landmarks

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FAQs: 268 King St, Midland

  • Q:What is the Area Size of the 268 King St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Simcoe. The MLS No of this project is S8304202 and the Project is located in Ontario, Canada
  • Q: Does this Project 268 King St available for Sale ?

    A: The project 268 King St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 268 King St is Offering?

    A:Square Yards is giving a Cashback of $4,500 if you buy this property from us, however there are several key features offered by the 268 King St. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 268 King St, Simcoe?

    A: 268 King St, Simcoe comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Simcoe, On?

    A:Simcoe, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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