Skip to content
1 / 50
For saleMLS® S13069228

261 KING Street, Midland, ON L4R 3M4

Midland · L4R 3M4

$629,900

$157 / sq ft

6 months on market

Total area
4,000 sf
Lot
22 × 175.5 ft
Age
51-99 years

What's special

  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

This 4,000 , 3 level, well cared for building has a multitude of retail and residential use options, due to its amazing location in downtown Midland. The picturesque town of Midland, being only a short 90 minute drive to Toronto, has evolved into a major tourist hub, attracting cottagers and tourist from around the globe. For the last 31 years the main retail level has been a successful ladies/mens footwear business, Shoes to Boot! The second level consists of 2 efficient one bedroom residential units. This building has been meticulously cared for and upgraded. Private parking, attractive court yard, front and back access, limitless downtown parking, and full lower level for storage. Great value for the savvy investor! Vacant possession of 2 apartments and commercial unit available.

Property details

Property

Property type
retail
Interior size
4,000 sq ft
Year built
51-99
Lot size
22 × 175.5 ft
Zoning
Dc-F2 Commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$629,900
Property taxes
$7,083 / year (2025)
Price per sq ft
$157

Listing

MLS® number
S13069228
Status
For sale
Listed
May 1, 2026
Days on market
188
Last updated
November 4, 2026
Listing brokerage
Team Hawke Realty

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 22% of comparable retail listings in Midland are asking less.

$440KMedian $710K$2.16M
This home
$157 / sq ft
Comparable median
$223 / sq ft

Based on 9 comparable active retail listings in Midland. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.0% · minimum $37,990
$37,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,272.77
Property tax (est.)
$590.25
Estimated monthly
$3,863

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$9,073
Total due on closing
$9,073

An estimate on the asking price of $629,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Team Hawke Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$629,900

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.

Similar properties nearby