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Last Updated : 99 Days ago
268 King Street, Midland, ON, Midland
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268 King Street, Midland MLS Number: 40578252

Midland, Simcoe, ON, L4R 3M3

$899,900

Status: For Sale

  • Area : 3552 sqft
  • Property Type: Commercial Sale (Mixed,Building and Land)
  • Property Taxes : $5524 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage In Touch Realty, Brokerage (Hwy 93 - Unit 200)

268 King Street Property Description

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 Street Property Facts

Property Type :Commercial Sale
MLS Number :40578252
Listing Type :Sale
Possession Date :
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Last Updated :11 Jun, 2024 (99 Days ago)
Source :The Lakelands
Area :Simcoe
City :Midland
Area Major :MD - Midland
Area Minor :MD02 - West of King Street
Postal Code : L4R 3M3
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Directions :Hwy 12 to right on King St

268 King Street Property Price & Tax Insights

Price : $899,900
Property Taxes :$5524
Tax Year :2023

Property Details for 268 King Street, Simcoe, ON

Bedrooms :0 +
Air Conditioning :Central Air
Heating :Forced Air
Place of Worship :No
Approx Square Footage :3552 sqft
Virtual Tour
Dimensions 8
Living Room :5.18 m x 4.57 m
Bedroom :3.68 m x 3.68 m
Recreation Room :6.30 m x 3.48 m
Kitchen :3.96 m x 3.38 m
Family Room :3.96 m x 4.88 m
Bedroom :3.56 m x 6.25 m
Bedroom :3.96 m x 3.38 m
Dining Room :3.96 m x 3.38 m

Exterior Information

Basement :Full

268 King Street, Simcoe - Price History

2024-06

11 Jun, 2024

TREB #40578252

Price Change

$899900

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  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
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  • 12
  • 18
  • 24
  • 30+
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268 King Street - Location Map and Landmarks

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FAQs: 268 King Street, Simcoe

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

    A: The project covers an area of approximately 3552 sq. ft and is strategically located in Simcoe. The MLS No of this project is 40578252 and the Project is located in ON, Canada
  • Q: Does this Project 268 King Street available for Sale ?

    A: The project 268 King Street 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 Street 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 Street. You get 0+ Beds with 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 Street, Simcoe?

    A: 268 King Street, Simcoe comes with 0+ Beds for maximum convenience and space. There are 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, ON 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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