305 Penetanguishene Rd Road, Midland, ON L4R 0E4

For Sale 29 days on Market MLS® S12876730

Asking Price

$250,000

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305 Penetanguishene Rd Road, Midland, ON L4R 0E4

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Overview

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Vacant land with exceptional development upside in the heart of West End Midland! Rare opportunity to acquire a building 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 property has 62' of frontage and 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 complements 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!

Lot Size

0.2 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityMidland

Postal CodeL4R0E4

Lot Dimensions61.98 × 122.10 ft

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$250,000

Annual Taxes$961 (2025)

Days on Market29

MLS® S12876730 • Listed by Real Broker Ontario Ltd

305 Penetanguishene Rd Road, Midland, ON L4R 0E4

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Purchase Calculator

Home Price

$250,000.00

Location

Down Payment

$52,500.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

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Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

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Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

305 Penetanguishene Rd Road, Midland, ON L4R 0E4

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