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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Midland
About 261 King Street
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.
Midland retail priced at $629,900 — book a tour to see if it fits your search.
Inside 261 King St
Every detail from the listing, in one place.
Type
Retail
Lot size
175.5 x 22
Features & systems
Lot & land
Lot dimensions
175.5 x 22
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
261 King 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® S13069228$629,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 261 King St Compares to the Midland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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.
Average days on market52Homes sold in about 52 days on average.
Sale-to-list ratio95.1%On average, homes sold below asking.
Active listings169Homes for sale here right now.
Median vs prior 90 days+8.5%Compared with May 5 – Aug 3, 2026: prices up.
Based on 112 sales from Aug 3 – Nov 1, 2026 (55 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 261 King St
How much is 261 King St listed for?
261 King St is listed at $629,900 (MLS® S13069228). Summitly updates the price as soon as the MLS® record changes.
Has the price of 261 King St changed?
No — 261 King St is still listed at its original asking price of $629,900.
How many bedrooms and bathrooms does 261 King St have?
The listing for 261 King St doesn't publish its bedroom and bathroom count. It is a commercial property in Midland.
How does 261 King St compare with other homes in Midland?
Its asking price of $629,900 is about 16% above the median sold price in Midland over the last 90 days, $542,500, across 112 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 261 King St been sold before?
Summitly has no earlier MLS® sale or lease of 261 King St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 261 King St?
261 King St is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 261 King St been on the market?
184 days — 261 King St was listed on May 1, 2026.
What is the lot size of 261 King St?
The lot measures 175.5 × 22, as published in the listing.
What is the land transfer tax on 261 King St?
About $9,073 in Ontario land transfer tax at the asking price of $629,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 261 King St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 261 King St?
The listing for 261 King St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Midland.
When was 261 King St built?
The listing for 261 King St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.