Discover this standout 3-Unit investment opportunity in a friendly Midland neighbourhood. This property features modern updates on 3 floors; ***Main Floor: 2 bedrooms/kitchen/bath with direct access to charming, roof-covered front & back porches. ***Second Floor: 2 bedrooms/kitchen/bath featuring a sunny balcony right off the living room. ***Third Floor: 1 studio-style bedroom/kitchen/bath layout. ***Basement: Washer/Dryer, 3 separate water heaters, single shared furnace. Many big-ticket upgrades already done! In 2015 upgraded windows were installed on main & second floors. Refreshed and updated kitchens and bathrooms on the main, second & third floors. Three separate hydro meters, one for each unit, plus an additional hydro meter for the laundry/utility room in the basement. Perfect for multi-generational families or investors. Property is being sold in 'as-is' condition. Buyer to verify and satisfy themselves with respect to current municipal zoning compliance, MPAC designations and Ontario Fire Code requirements. Virtual Staging has been added to some photos. Lot size is irregular.
5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $250 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 486 Hannah St
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
3 spaces
Basement
Separate Entrance, Full
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Separate Entrance · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
486 Hannah 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® S13797614$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 486 Hannah 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
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
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.
Similar homes for sale nearby in Midland
Other 4–7 bed homes for sale in Midland around $500K.
Average days on market52Homes sold in about 52 days on average.
Sale-to-list ratio95.1%On average, homes sold below asking.
Active listings162Homes for sale here right now.
Median vs prior 90 days+10.8%Compared with May 10 – Aug 8, 2026: prices up.
Based on 113 sales from Aug 8 – Nov 6, 2026 (54 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 486 Hannah St
How much is 486 Hannah St listed for?
486 Hannah St is listed at $499,900 (MLS® S13797614). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 486 Hannah 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 486 Hannah St changed?
No — 486 Hannah St is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 486 Hannah St have?
486 Hannah St has 5 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Midland.
How much would the monthly mortgage be on 486 Hannah St?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 486 Hannah St compare with other homes in Midland?
Its asking price of $499,900 is about 10% below the median sold price in Midland over the last 90 days, $553,750, across 113 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 486 Hannah St been sold before?
Summitly has no earlier MLS® sale or lease of 486 Hannah St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 486 Hannah St?
486 Hannah St is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 486 Hannah St been on the market?
51 days — 486 Hannah St was listed on September 16, 2026.
What is the price per square foot of 486 Hannah St?
About $200 to $250 per square foot: the asking price of $499,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 486 Hannah St have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 486 Hannah St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Full.
