345 KING Street, Midland, ON L4R 3M7
Midland · Near Elizabth and King Street · View map
About this home
Prime Commercial Investment Opportunity in the Heart of Midland! Exceptional opportunity to own a freestanding commercial building in one of Midland's busiest commercial corridors. Strategically located on high-visibility King Street, this approximately 2,100 sq. ft. property offers outstanding exposure, ample on-site parking, and a well-established, thriving restaurant operating within the building.With a secure long-term tenant already in place, this is a true turn-key investment offering immediate income and long-term stability. The property's prime location, strong traffic exposure, and established commercial presence make it an attractive addition to any investment portfolio.Surrounded by established businesses, residential neighbourhoods, and year-round tourism, 345 King Street benefits from consistent customer traffic and excellent accessibility. Whether you're an experienced investor looking to expand your portfolio or seeking a quality commercial asset with dependable cash flow, this property delivers the ideal combination of location, visibility, and investment potential.
The home
- Type
- Commercial retail
- Square footage
- 2100 sq ft
- Bathrooms
- 3
- Lot size
- 13.7 x 165 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $6,519/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Elizabth and King Street
- Neighbourhood
- Midland
More
- MLS® number
- S13663300
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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.
345 KING Street, Midland, ON L4R 3M7
Midland · Near Elizabth and King Street
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Listing history for 345 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 345 KING Street
Answers come straight from this home’s MLS® listing.
How much is 345 KING Street listed for, and what would it cost each month?
345 KING Street is listed for $649,900. With 20% down ($129,980), the mortgage payment would be roughly $2,622 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,165 a month, all in. That figure is an illustration, not a quote.
Is 345 KING Street freehold or a condo, and is there a monthly fee?
345 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 345 KING Street have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
What style of home is 345 KING Street?
345 KING Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 345 KING Street, and what is the lot size?
The lot is listed as 13.7 x 165 ft.
How is 345 KING Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 345 KING Street?
Property taxes are $6,519 a year (2025), or about $543 a month.
Where is 345 KING Street?
345 KING Street is in Midland. The nearest main intersection is Elizabth and King Street. The postal code is L4R 3M7.
Is 345 KING Street still for sale?
Yes. It is an active listing (MLS® S13663300). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 345 KING Street asking?
Similar properties for sale nearby right now include 280 King Street at $710,000, 258 King Street at $750,000 and 206 Fourth Street at $549,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 345 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 345 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.
Commercial retail$710,000280 King Street, MidlandMidlandCourtesy of: Royal LePage In Touch RealtyView home →
Store w apt / office$750,000258 King Street, MidlandMidlandCourtesy of: Team Hawke RealtyView home →
Store w apt / office$549,900206 Fourth Street, Midland2 bath · MidlandCourtesy of: Keller Williams Experience RealtyView home →Courtesy of: SPECTRUM REALTY SERVICES INC.
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.