558 Elizabeth Street, Midland, ON L4R 2A3
Midland · Near Second and Yonge · View map
About this home
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!
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 8
- Basement
- Unfinished
- Lot size
- 33 x 95 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
- Parking features
- Available
Taxes & other
- Property taxes
- $2,871/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- 30-59 days
- Cross street
- Second and Yonge
- Neighbourhood
- Midland
More
- Price per sq ft
- ~$361 (at 1,300 sq ft)
- Listed
- Oct 21, 2026 · yesterday
- MLS® number
- S14102496
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The home and its surroundings
- Bar Fridge
- Primary Bedroom - Main Floor
- Arts Centre
- Library
- Marina
- Place Of Worship
- Public Transit
- School
- Canopy
- Deck
- Lighting
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 558 Elizabeth Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 558 Elizabeth Street
Answers come straight from this home’s MLS® listing.
How much is 558 Elizabeth Street listed for, and what would it cost each month?
558 Elizabeth Street is listed for $469,000. With 20% down ($93,800), the mortgage payment would be roughly $1,892 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,131 a month, all in. That figure is an illustration, not a quote.
Is 558 Elizabeth Street freehold or a condo, and is there a monthly fee?
558 Elizabeth Street is a 1 1/2 storey in Midland. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 558 Elizabeth Street have?
558 Elizabeth Street has 3 bedrooms and 1 bathroom.
Does 558 Elizabeth Street have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
Does 558 Elizabeth Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 558 Elizabeth Street?
558 Elizabeth Street is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 558 Elizabeth Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 33 x 95 ft.
How is 558 Elizabeth Street heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 558 Elizabeth Street?
Property taxes are $2,871 a year (2026), or about $239 a month.
Where is 558 Elizabeth Street?
558 Elizabeth Street is in Midland. The nearest main intersection is Second and Yonge. The postal code is L4R 2A3.
How long has 558 Elizabeth Street been on the market?
558 Elizabeth Street was listed on October 21, 2026. It has been on the market for 1 day. It is an active listing (MLS® S14102496). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 558 Elizabeth Street asking?
Similar bungalow-style homes for sale nearby right now include 200 Fifth Street at $459,900 (3 bed), 346 Yonge Street at $514,900 (3 bed) and 154 Fifth Street at $519,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 558 Elizabeth Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 558 Elizabeth Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Midland, picked by style, size and price.
1 1/2 storey$459,900200 Fifth Street, Midland3 bed · 1 bath · MidlandCourtesy of: Team Hawke RealtyView home →
1 1/2 storey$514,900346 Yonge Street, Midland3 bed · 2 bath · MidlandCourtesy of: Team Hawke RealtyView home →
1 1/2 storey$519,000154 Fifth Street, Midland3 bed · 2 bath · MidlandCourtesy of: KELLER WILLIAMS EXPERIENCE REALTYView home →Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.