66 Fifth Street, Midland

$577,900
66 Fifth Street

$577,900

New
4d
DetachedBungalow

66 Fifth Street, Midland

Total Monthly Obligation $2,982

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
4d
Score
21
Yield
5.4%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-S14094066
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-50.01 × 118.21 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,309.94 (2026)
Parking-3 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EXPERIENCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Fresh. Inviting. Move-In Ready. Thoughtfully updated inside and out, this four-bedroom bungalow offers the perfect blend of comfort, functionality, and curb appeal in a welcoming family-friendly neighbourhood. Extensive exterior improvements have completely refreshed the home's presence, including all-new siding, eavestroughs and soffits, new windows (2025), new exterior doors (2025), beautifully landscaped grounds, a new low-maintenance composite front porch, and a spacious new rear deck and firepit designed for outdoor entertaining.The kitchen features upgraded soft-close cabinetry with convenient roll-out drawers, new quartz countertops and all new stainless steel appliances while the main floor bathroom has been completely renovated with a fresh, contemporary design. The partially finished basement extends your living space with a family room, an additional bedroom, and a full bathroom-ideal for guests, teens, or a home office. Major mechanical updates provide exceptional peace of mind, including a newer roof (2021), furnace (2022), central air conditioning (2025), and water treatment system. This move-in ready home is ideally located close to schools, parks, shopping, and everyday amenities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$462,320
Land Transfer Taxes$8,033
Legal Fees (Est.)
$
Total cash required for closing$125,113

Total Monthly Obligation

$2,982/mo
Mortgage $2,331
Monthly Loss $2,368
Principal$613
Interest$1,718
Property Tax$276
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,200/yr
NOI
$20,270/yr
Net Cash Flow
-$642/mo
Cash Margin
-24.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 66 Fifth Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.