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505 King Street

Midland / Midland, ON L4R 3N5

ActiveFor Sale
0 Beds
0 Baths
4,125 Sq Ft
10,890 Lot Sq Ft
Commercial

About This Property

Here's your chance to own a property that generates passive income. The property is about .25 acres and has an existing building with a wine store and restaurant on the main floor as well as a spacious 2 bedroom apartment above. There is parking along the side and off the back with access from both King Street and Nelson Street. It's in a high traffic area near the downtown core. *** This is land and building only. Existing businesses and tenant will remain ***

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size4,125 sq ft
Lot Size10,890 sq ft
Bedrooms0
Bathrooms0
Postal CodeL4R 3N5
Last UpdatedAug 8, 2026 · 3:26 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® S12828144

Listed by Royal LePage In Touch Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$699,000

asking price

MLS®S12828144
TypeCommercial
CityMidland
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,413

/month · $559,200 mortgage

Down Payment20% — $139,800
Interest Rate5.5%

Amortization

Total Interest

$464,793

Total Cost

$1,023,993

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Royal LePage In Touch Realty