309 Penetanguishene Road
Midland, ON L4R 0E4
- —Bedrooms
- —Bathrooms
- 0Garage
- —Sq Ft
- $1,613Tax
- 77×122 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 309 Penetanguishene Road, Midland
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 309 Penetanguishene Road, Midland
Summarized Description
- Exceptional development opportunity in West End Midland.
- Rare infill lot with significant potential.
- Close proximity to hospital, schools, and shopping.
- Requires zoning and Official Plan amendments.
- Serviced lot ready for residential development.
- Encourages creative solutions to enhance neighborhood.
- Multiple paths for value creation available.
- Buyers should conduct thorough due diligence.
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,613
- Land Transfer Tax Fee
- $2,600
Interior Features
- View
- Trees/Woods
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Property Features
- Lake/Pond, Park, Public Transit, Rec./Commun.Centre, School, Hospital
Building
- Building Type
- Vacant Land
Construction
- Special Designation
- Unknown
Lot
- Lot Front
- 76.82 ft
- Lot Depth
- 122.10 ft
- Lot Size
- 0.215
- Lot Shape
- Rectangular
Parking & Garages
- Garage Spaces
- 0
Heating & Cooling
- Natural Gas
- Available
- Hydro
- Available
- Cable
- Available
- Telephone
- Available
- Municipality
- Midland
- Neighbourhood
- Midland
- Main cross streets
- Hugel Ave/Penetanguishene Rd
- Zoning
- OS-7
- Directions
- Hwy 93 (Penetanguishene Rd) to Hugel Ave to Old Penetanguishene Rd
- Waterfront
- None
- MLS® number
- S12876860
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-03-12
- Updated on
- 2026-10-06
- Days on market
- 226 days
- Possession type
- Flexible
- Co-op commission
- 1.75% plus tax
- Seller
- Listed by
- Real Broker Ontario Ltd
Home Market Value
Current home valuation for 309 Penetanguishene Road, Midland, Midland, ON. Listed for $275,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 309 Penetanguishene Road, Midland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$13,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $10,450 | $7,673 | $6,545 | $0 |
=Total mortgage | $271,700 | $255,173 | $240,295 | $220,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,327monthly | $1,246monthly | $1,173monthly | $1,074monthly |
Land Transfer Tax
$2,600
$2,600
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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