All photos · 37

Midland

342 King Street, Midland, ON L4R 3M8

$499,900

Beds

n/a

Baths

n/a

Type

Commercial

About this home

Welcome to Your New Investment Opportunity! Nestled in the heart of Midland, this stunning classic-century downtown building is a piece of Midland's history and awaits your vision. Starting from a blank canvas, this property overflows with charm, promising an exciting venture for savvy investors. Commercial Space is Available and ready for your creative touch! Picture the possibilities: whether it's a boutique shop, a cozy café, a Pho House, or a trendy gallery. The choice is yours! Upper Floors: With a 3 bedroom 2 Bath Apt. Imagine waking up to the sun streaming through the windows. These upper levels can be transformed into your dream home, or even maybe a charming Airbnb retreat. The views of the bay from select windows are simply breathtaking. As this town blossoms into a vibrant hub, you'll be at the epicentre of growth. Explore the downtown core, stroll along the town docks, and unwind in the nearby parks. The arena, curling club, YMCA, and Little Lake Park are all within reach. Main Floor Highlights: Hardwood Floors, Gas Fireplace, Original Trim & Pocket Doors, Two Public Washrooms, Convenience for patrons and a Large Front Patio Perfect for outdoor seating. **Parking**: No worries! Ample parking awaits out back. **Recent Upgrades**: Roof Replaced (2020)**: Peace of mind for years to come. - ** Paved Driveway** Wall-Hung Boiler with Glycol**: Efficient heating. - **50-Gallon Hot Water Tank**: Always ready for your needs. Don't miss out on this prime investment opportunity. This charming building is your gateway to a bright future!

Heating

  • · Other

Cooling

  • · Partial

What it could cost monthly

Estimated monthly

$2,289

Principal & interest, per month


Mortgage amount
$399,920
Down payment
$99,980
Total interest paid
$286,847

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

EXIT REALTY TRUE NORTH

Each office independently owned and operated.