5
$275,000
309 Penetanguishene Road, Midland, ON L4R 0E4
Midland
7 months on marketMLS® S12876860
Listing courtesy of Real Broker Ontario Ltd.
1 / 5
For saleMLS® S12876730
305 Penetanguishene Rd Road, Midland, ON L4R 0E4
Midland · L4R 0E4
$250,000
7 months on market
- Lot
- 61.98 × 122.1 ft
About this property
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!
Property details
Property
- Property type
- vacant land
- Lot size
- 61.98 × 122.1 ft
- Zoning
- OS-7
- Possession
- Flexible
Interior
- Exposure
- East
Costs
- List price
- $250,000
- Property taxes
- $961 / year (2025)
Listing
- MLS® number
- S12876730
- Status
- For sale
- Listed
- March 12, 2026
- Days on market
- 238
- Last updated
- October 6, 2026
- Listing brokerage
- Real Broker Ontario Ltd.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 44% of comparable vacant land listings in Midland are asking less.
$142KMedian $275K$1.43M
Based on 18 comparable active vacant land listings in Midland. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.0% · minimum $12,500
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $1,313.18
- Property tax (est.)
- $80.08
- Estimated monthly
- $1,393
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $2,225
- Total due on closing
- $2,225
An estimate on the asking price of $250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Real Broker Ontario Ltd.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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