LEGAL TRIPLEX | INVESTMENT | MIDLAND - Legal triplex in Midland with three self-contained units. Two front units are heated by gas furnace that was updated in Dec 2021 and the back unit has a gas fireplace and electric baseboard heat. With a new roof in 2022, on demand hot water and water softener this is an ideal property to add to your investment portfolio - or - start your new real estate portfolio with this triplex! Don't miss out on this opportunity! The waterfront community of Midland offers outstanding all season recreation, key amenities (shopping, services, fine and casual dining, recreation and entertainment) and easy access to commuter routes. Financial information available upon request. Rents as stated are inclusive. Convenience of appliances, full bath, laundry and parking for each unit.
6 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $360 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.Ask Zara a follow-up
Inside 226 Queen St
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Lot size
33.30 x 125.00 Feet
Parking
2 spaces
Basement
Finished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished
Lot & land
Lot dimensions
33.30 x 125.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Triplex
226 Queen St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13880940$539,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 226 Queen St Compares to the Midland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,652
/mo
based on the purchase price of $539,900
$107,980 cash
$431,920 financed
$363,790 total interest
Principal54%$431,920
Interest46%$363,790
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 226 Queen St
Homes for sale in Midland
Every active Midland MLS® listing, updated all day.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio95.4%On average, homes sold below asking.
Active listings195Homes for sale here right now.
Median vs prior 90 days+9.5%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 103 sales from Jul 12 – Oct 10, 2026 (60 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 226 Queen St
How much is 226 Queen St listed for?
226 Queen St is listed at $539,900 (MLS® S13880940). Summitly updates the price as soon as the MLS® record changes.
Is $539,900 a good price for 226 Queen St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Midland. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 226 Queen St changed?
No — 226 Queen St is still listed at its original asking price of $539,900.
How many bedrooms and bathrooms does 226 Queen St have?
226 Queen St has 6 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in Midland.
How much would the monthly mortgage be on 226 Queen St?
About $2,652 a month — principal and interest on $539,900 with 20% down ($107,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 226 Queen St compare with other homes in Midland?
Its asking price of $539,900 is about 3% below the median sold price in Midland over the last 90 days, $557,000, across 103 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 226 Queen St been sold before?
Summitly has no earlier MLS® sale or lease of 226 Queen St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 226 Queen St?
226 Queen St is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 226 Queen St been on the market?
1 day — 226 Queen St was listed on October 9, 2026.
What is the price per square foot of 226 Queen St?
About $270 to $360 per square foot: the asking price of $539,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 226 Queen St have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 226 Queen St have a basement, and is it finished?
