558 Elizabeth St is a 3-bedroom, 1-bathroom detached home in Midland, listed for $469,000. It has 1100-1500 sq ft of living space.
1Step into a piece of local history with this one-of-a-kind converted schoolhouse originally built in the late 1800s.
2Designed for those who love to cook and entertain, the well-appointed kitchen offers a large center island workspace and a dedicated side bar that flows seamlessly into a cozy den and main-floor laundry.
3Double French doors open directly onto a private deck, ideal for outdoor relaxation.
Historic Charm Meets Modern Living in the Heart of Midland. Step into a piece of local history with this one-of-a-kind converted schoolhouse originally built in the late 1800s. Now smartly redesigned as a 3-bedroom residence, this property seamlessly blends timeless character with thoughtful updates. The main level features impressive 9' ceilings in the living and dining areas, while the primary bedroom boasts soaring 10' ceilings. Designed for those who love to cook and entertain, the well-appointed kitchen offers a large center island workspace and a dedicated side bar that flows seamlessly into a cozy den and main-floor laundry. Double French doors open directly onto a private deck, ideal for outdoor relaxation. Additional property features include a rear private driveway paired with a versatile workshop, garden shed, or extra storage space. Situated in an unbeatable downtown location, you are just an easy stroll from the boutique shops and dining on King Street, and a 5-minute walk to the Midland Marina. With updated 100-amp wiring, recent window replacements, and a newer roof, key mechanical upgrades are already taken care of. Located just 1.5 hours from Toronto for an easy weekend escape or reasonable commute, this versatile property makes an ideal starter home or low-maintenance right-sizing option. Outstanding location, unique style, and incredible value. Schedule your tour before it's gone!
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $426 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 558 Elizabeth St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
558 Elizabeth 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® S14102496$469,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 558 Elizabeth St Compares to the Midland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$2,304
/mo
based on the purchase price of $469,000
$93,800 cash
$375,200 financed
$316,017 total interest
Principal54%$375,200
Interest46%$316,017
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 2–7 bed homes for sale in Midland around $469K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio95.2%On average, homes sold below asking.
Active listings178Homes for sale here right now.
Median vs prior 90 days+3.9%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 112 sales from Jul 23 – Oct 21, 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 558 Elizabeth St
How much is 558 Elizabeth St listed for?
558 Elizabeth St is listed at $469,000 (MLS® S14102496). Summitly updates the price as soon as the MLS® record changes.
Is $469,000 a good price for 558 Elizabeth 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 558 Elizabeth St changed?
No — 558 Elizabeth St is still listed at its original asking price of $469,000.
How many bedrooms and bathrooms does 558 Elizabeth St have?
558 Elizabeth St has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Midland.
How much would the monthly mortgage be on 558 Elizabeth St?
About $2,304 a month — principal and interest on $469,000 with 20% down ($93,800), 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 558 Elizabeth St compare with other homes in Midland?
Its asking price of $469,000 is about 12% below the median sold price in Midland over the last 90 days, $532,500, 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 558 Elizabeth St been sold before?
Summitly has no earlier MLS® sale or lease of 558 Elizabeth St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 558 Elizabeth St?
558 Elizabeth St is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 558 Elizabeth St been on the market?
1 day — 558 Elizabeth St was listed on October 20, 2026.
What is the price per square foot of 558 Elizabeth St?
About $313 to $426 per square foot: the asking price of $469,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 558 Elizabeth St have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 558 Elizabeth St have a basement, and is it finished?
The listing describes the basement as: Unfinished.