264 First Street, Midland, ON L4R 3N8
$599,900
$599,900
MLS®#:
S12983474
Property Type:
Commercial Retail
Property Style:
Area:
Simcoe
Community:
Midland
Taxes:
$4,039 / 2026
Added:
April 10 2026
Lot Frontage:
72
Lot Depth:
50
Status:
Active
Outside:
Year Built:
Brokerage:
Team Hawke Realty
Lot :

50

72

Intersection:
First and Hugel
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Baseboard
Heating Fuel:

Listing Details

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.

Fridge, Stove, Dishwasher, Washer, Dryer, Microwave

Insights

  1. Strong Income Potential: The property features two commercial units and a residential apartment, providing multiple income streams for investors. The front commercial unit will be delivered vacant, allowing for owner-occupancy or leasing opportunities.
  2. Ample Parking: Located in a high-exposure area of Midland, the property offers ample parking, enhancing accessibility for customers and tenants, which is a significant advantage for commercial operations.
  3. Recent Renovations: Both commercial units and the residential apartment have been recently updated with modern finishes, including new flooring, fixtures, and appliances, reducing the need for immediate repairs and enhancing tenant appeal.

Neighborhood Overview

Complete neighborhood profile for 264 First Street

Midland home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Midland
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)