550 King Street, Unit 201, Midland, ON

$2,200/mo
MLS#:S13714170
2 beds
1 baths
700-1100 sqft
54.0 parking
Residential Freehold
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Added:Aug 26, 2026(3 days ago)
Updated:Aug 26, 2026(3 days ago)
Last Checked:12 minutes ago

Property Highlights

Welcome to this remarkable Apartment multiplex located in the coveted neighborhood of Midland. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,200 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 228 x 300 ft lot
  • 54.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with other central cooling and highly efficient radiant heating via gas

Description

WELCOME TO MIDLAND, ONTARIO! Discover spacious and comfortable living at Unit 201 at 550 King Street, ideally situated between the natural beauty of Little Lake and Georgian Bay. Enjoy convenient access to Midland's charming waterfront, scenic parks and trails, marinas, local shops, restaurants, recreation and everyday amenities. One of the largest units in the building, Unit 201 offers an impressive layout with 2 bedrooms, a 4-piece bathroom, functional kitchen, spacious living room, dedicated dining area, and stylish zebra window coverings, providing a modern finishing touch with adjustable light control and privacy. A standout feature is the unique V-shaped balcony with both north and east-facing exposures, overlooking the building's front entrance and offering multiple views along with plenty of natural light. Gas and water are included in the monthly rent, adding excellent value and helping keep monthly expenses more predictable. Enjoy the extra space, distinctive balcony, modern window coverings and relaxed lifestyle of Georgian Bay living. Unit 201 at 550 King Street offers a fantastic opportunity to call beautiful Midland home!

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Property Summary

This multiplex located at 550 King Street, Midland is currently for sale and has been available on SousaSells for 3 days. This property is listed at $2,200 with an estimated mortgage of $7* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 550 King Street, Midland is in the Midland neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Midland, Midland.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 26, 2026 (3 days ago)
UpdatedAug 26, 2026 (3 days ago)
Last Checked12 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeMultiplex
Architectural StyleApartment
ConstructionBrick, Stucco (Plaster)
BasementNone
Lot Size228 × 300 Feet
CountySimcoe

Parking & Garage

Parking Total54.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingOther

Features

Property Features

  • Library
  • Park
  • Marina
  • Public Transit
  • Rec./Commun.Centre
  • Hospital

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 550 King Street, Unit 201, Midland, ON

Q.What is the asking price for 550 King Street, Unit 201, Midland, ON ?

The current listing price for 550 King Street, Unit 201, Midland, ON in Midland, Midland is $2,200.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 550 King Street, Unit 201, Midland, ON ?

550 King Street, Unit 201, Midland, ON is a Multiplex (Apartment) featuring a None basement.

Q.What key property features does 550 King Street, Unit 201, Midland, ON offer?

Key property features include: Library, Park, Marina, Public Transit, Rec./Commun.Centre, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 54.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Other.

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Location

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550 King Street, Unit 201, Midland, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Midland, Midland

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 550 King Street 201, Midland, ON L4R 3N1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Midland.

Configure Loan Settings

Interest Rate4.00%
Down Payment$660 (30.0%)
* Minimum Canadian down payment required for this price is $110.
Amortization Period30 Years
Estimated Monthly Payment$7Based on a loan of $1,540 over 30 years.
Purchase Price$2,200
Loan Amount$1,540
Provincial Land Transfer Tax:$11
Total Estimated Closing Taxes:$11

About Purchasing a Home in Midland, ON

For a property listed at $2,200 in Midland, the legal minimum down payment is $110 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11 for this transaction. As this listing is in Midland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11.

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Midland, Midland Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Midland, Midland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$686,490

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Midland, Midland

Elementary Schools

Mundy's Bay
Public340 Sixth Street, Midland, Ontario, L4R 3Y4
4.4
Huron Park
Public425 Robert Street, Midland, Ontario, L4R 2M2
6.0
Sacred Heart
Public241 Elizabeth Street, Midland, Ontario, L4R 1Y5
2.6
Bayview
Public845 Ottawa Street, Midland, Ontario, L4R 1C9
5.8
Monsignor Castex
Public120 Penetanguishene Road, Midland, Ontario, L4R 4Z6
5.8

Secondary Schools

St. Theresa’s
Catholic347 Galloway Boulevard, Midland, Ontario, L4R 5B2
5.2
Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3

Midland, Midland Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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