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

$100,000

Est. payment $443/moCalculate yours

720 Ontario Street, Midland, ON L4R 1A5

Midland, Midland, ON L4R 1A5

Map

Listing courtesy of Real Broker Ontario Ltd. MLS® S12874628

About this home

With R3 zoning in place, this site offers flexibility for residential development under the Town of Midland’s zoning framework, supporting a range of housing forms that complement the existing neighbourhood character. Potential uses include a multi-unit residential building (subject to site plan and municipal approval) or creative infill solutions that maximize density on a serviced lot (municipal sewer available). The lot’s configuration and location also present a severance opportunity - where municipal consent could facilitate division into two building lots (buyer to confirm feasibility with planning staff). Imagine detached homes, semi-detached units, townhomes, or a modest apartment building in this vibrant community! 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
49.46 x 99.96 Feet
Zoning
R3

Financial

Property Taxes
$1,270 (2025)

Location

Neighbourhood
Midland
Cross Street
Vindin St/Sixth St
Direction Faces
North

Listing

MLS® Number
S12874628
Days on Market
220
Listed On
2026-03-12
Possession
Flexible
Listed By
Real Broker Ontario Ltd.

Features

Property

  • Hospital
  • Lake/Pond
  • Park
  • Public Transit
  • School Bus Route
  • Part Cleared

Mortgage calculator

Minimum for this price: $5,000 (5%)

Amortization, years

Estimated mortgage payment

$443 per month

Principal and interest
$443
Property tax
$106
Estimated monthly cost
$549

Your mortgage

Mortgage amount
$80,000
Mortgage insurance
Not needed
Interest over 25 years
$52,834

Cash to close

Down payment
$20,000
Land transfer tax
$725
Total, before legal fees
$20,725
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

720 Ontario Street, Midland, ON L4R 1A5 Midland, Midland, ON L4R 1A5
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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).

$100,000 720 Ontario Street, Midland, ON L4R 1A5
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