261 KING Street, Midland, ON L4R 3M4
Midland · Near Highway 93 to Yonge Street (East) to King Street to #261 · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 4000 sq ft
- Lot size
- 22 x 175.5 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $7,083/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- Flexible
- Cross street
- Highway 93 to Yonge Street (East) to King Street to #261
- Neighbourhood
- Midland
More
- MLS® number
- S13069228
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
261 KING Street, Midland, ON L4R 3M4
Midland · Near Highway 93 to Yonge Street (East) to King Street to #261
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Listing history for 261 KING Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 261 KING Street
Answers come straight from this home’s MLS® listing.
How much is 261 KING Street listed for, and what would it cost each month?
261 KING Street is listed for $629,900. With 20% down ($125,980), the mortgage payment would be roughly $2,541 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,131 a month, all in. That figure is an illustration, not a quote.
Is 261 KING Street freehold or a condo, and is there a monthly fee?
261 KING Street is a commercial retail in Midland. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 261 KING Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 261 KING Street?
261 KING Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 261 KING Street, and what is the lot size?
The lot is listed as 22 x 175.5 ft.
How is 261 KING Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 261 KING Street?
Property taxes are $7,083 a year (2025), or about $590 a month.
Where is 261 KING Street?
261 KING Street is in Midland. The nearest main intersection is Highway 93 to Yonge Street (East) to King Street to #261. The postal code is L4R 3M4.
Is 261 KING Street still for sale?
Yes. It is an active listing (MLS® S13069228). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 261 KING Street asking?
Similar properties for sale nearby right now include 261 KING Street at $39,900, 345 KING Street at $649,900 and 280 King Street at $710,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 261 KING Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 261 KING Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Midland, picked by style, size and price.
Sale of business$39,900261 KING Street, MidlandMidlandCourtesy of: Team Hawke RealtyView home →
Commercial retail$649,900345 KING Street, Midland3 bath · MidlandCourtesy of: SPECTRUM REALTY SERVICES INC.View home →
Commercial retail$710,000280 King Street, MidlandMidlandCourtesy of: Royal LePage In Touch RealtyView home →Courtesy of: Team Hawke Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.