This lot in Midland is for sale.

Description

Excellent opportunity to acquire vacant land in the growing community of Penetanguishene. Conveniently located close to all amenities, including shopping, schools, parks, restaurants, and waterfront access, this property offers both accessibility and long-term potential.The lot provides the ability to build residential units (buyer to verify zoning and permitted uses with the municipality), making it an ideal option for developers, investors, or those looking to build a custom home or income-producing property. Situated in an established area with services nearby, this parcel presents a rare chance to secure land in a desirable and well-connected location.Whether you are planning a development project or looking for a long-term investment, this property offers flexibility, location, and strong future value. (id:66096)

Property Details

MLS®: S13479456
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 427 × 133 ft (1.30 acres)
Frontage: 426 ft
Property Tax: $760/yr
Listed: 134 days ago

Services

Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

134d

Midland listings, avg age

99d

List price

$389K

Haho

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Listed by Chase Realty Inc., Brokerage · SHANEL HAMANN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4R)

This home lists at $389,000, about 5.5× the local median household income of $70,500.

Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $70,500
Population: 19,245
Median age: 50.4
Owner / renter: 68% / 32%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L4R)

$389,000

For sale

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Financing

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458 93 Highway, Midland - Vacant Land for Sale