420 Cornell Drive, Midland, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Midland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $189,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 65.62 x 100.89 ft lot size
Description
Prime West End Building Lot on a quiet, lakeside Cul-de-Sac in Midland, ON. The perfect blend of tranquil living & Georgian Bay lifestyle. This beautiful lot is ready to build now with service laterals on property & both the survey & topographical survey avail. The property has excellent privacy & sits high on the cul-de-sac offering 2nd storey east lake views. It comes with deeded access to Little Lake at the bottom of the street for all your lake fun enjoyment. Serene living in a vibrant waterfront community? This is it! Flexible finance available - seller is open to holding a first mortgage to qualified buyer/builder while you build. Or for the builder, market your house plan on this lot while awaiting a buyer.
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Pricing & Value Insights
Data-driven valuation for 420 Cornell Drive, Midland, ON L4R 4C7
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About Purchasing a Home in Midland, ON
For a property listed at $189,000 in Midland, the legal minimum down payment is $9,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,615 for this transaction. As this listing is in Midland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,615.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.