Gurvinder Nokwal REALTOR®
For Sale Vacant Land 220 days on market

$275,000

Est. payment $1,218/moCalculate yours

309 Penetanguishene Road, Midland, ON L4R 0E4

Midland, Midland, ON L4R 0E4

Map

Listing courtesy of Real Broker Ontario Ltd. MLS® S12876860

About this home

Vacant land with exceptional development upside in the heart of West End Midland! Rare opportunity to acquire a infill lot, close to hospital, schools, shopping and highway access. Parcel requires Official Plan amendment and zoning bylaw amendment to build - a blank slate to develop. This infill property offers flexibility for residential development under the Town of Midland’s zoning framework, subject to site plan and municipal approvals a creative infill solution that compliments the surrounding neighbourhood awaits on a serviced lot. Buyers are encouraged to complete their own due diligence regarding zoning regulations, development charges, site servicing, environmental studies, and official plan policies. A truly unique infill parcel with multiple paths to value creation - bring your vision and development expertise!

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
76.82 x 122.1 Feet
Zoning
OS-7

Financial

Property Taxes
$1,613 (2025)

Location

Neighbourhood
Midland
Cross Street
Hugel Ave/Penetanguishene Rd
Direction Faces
East

Listing

MLS® Number
S12876860
Days on Market
220
Listed On
2026-03-12
Possession
Flexible
Listed By
Real Broker Ontario Ltd.

Features

Property

  • Lake/Pond
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School
  • Hospital

Mortgage calculator

Minimum for this price: $13,750 (5%)

Amortization, years

Estimated mortgage payment

$1,218 per month

Principal and interest
$1,218
Property tax
$134
Estimated monthly cost
$1,352

Your mortgage

Mortgage amount
$220,000
Mortgage insurance
Not needed
Interest over 25 years
$145,292

Cash to close

Down payment
$55,000
Land transfer tax
$2,600
Total, before legal fees
$57,600
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

309 Penetanguishene Road, Midland, ON L4R 0E4 Midland, Midland, ON L4R 0E4
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$275,000 309 Penetanguishene Road, Midland, ON L4R 0E4
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