727 MIDLAND POINT Road, Midland, ON

$200,000
MLS#:S10894350
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable Unknown vacant land located in the coveted neighborhood of Midland. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $200,000 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
  • Generous living space spanning < 700 sqft on a premium 102.7 x 8 ft lot
  • Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available with a convenient unknown configuration
  • Notable attributes: Unknown
  • equipped with unknown central cooling and highly efficient unknown heating via unknown

Description

START BUILDING NOW! This 0.8-acre parcel is situated in the esteemed Midland Point area and is primed for construction. Revel in the utmost beauty of nature in this tranquil environment, surrounded by environmentally protected land that ensures added seclusion. The installation of culverts, a driveway entrance, and municipal water has been completed, while natural gas, hydro, and high-speed internet are readily available. Just minutes away from Midland and Penetanguishene, where so many amenities await, including shopping, dining, marinas, golf courses, skiing, snowmobile trails, a local hospital, and more. Midland is conveniently located 45 minutes from Orillia/Barrie and only 1.5 hours from the Greater Toronto Area (GTA). Buyers assume responsibility for all land development fees and building permits and property taxes to be assessed.

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Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusExtension
Listed Date2/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Architectural StyleUnknown
ConstructionUnknown
BasementUnknown
Lot Size102.7 × 8 Acres
CountySimcoe
Annual Tax$1,360
Legal DescriptionPART LOT 112 CONCESSION 2 TAY BEING PT 2 PLAN 51R-43189, TOWN OF MIDLAND

Parking & Garage

Parking Spaces0.0
Garage TypeUnknown

Heating & Cooling

Heat SourceUnknown
Heat TypeUnknown
CoolingUnknown

Features

Property Features

Golf, Hospital

Interior Features

Unknown

Security Features

Community Features

Location

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727 MIDLAND POINT Road, Midland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 727 MIDLAND POINT Road, Midland, ON L4R 5G1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Midland.

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Interest Rate5.25%
Down Payment$10,000 (5.0%)
* Minimum Canadian down payment required for this price is $10,000.
Amortization Period25 Years
Estimated Monthly Payment$1,132Based on a loan of $190,000 over 25 years.
Purchase Price$200,000
Loan Amount$190,000
Provincial Land Transfer Tax:$1,725
Total Estimated Closing Taxes:$1,725

About Purchasing a Home in Midland, ON

For a property listed at $200,000 in Midland, the legal minimum down payment is $10,000 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 $1,725 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 $1,725.

Nearby Listings

Distance:

No current listings found in Midland.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Midland, Midland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$687,211

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Huron Park
Public425 Robert Street, Midland, Ontario, L4R 2M2
6.0
Sacred Heart
Public241 Elizabeth Street, Midland, Ontario, L4R 1Y5
2.6
Mundy's Bay
Public340 Sixth Street, Midland, Ontario, L4R 3Y4
4.4
Bayview
Public845 Ottawa Street, Midland, Ontario, L4R 1C9
5.8
Monsignor Castex
Public120 Penetanguishene Road, Midland, Ontario, L4R 4Z6
5.8

Secondary Schools

St. Theresa’s
Catholic347 Galloway Boulevard, Midland, Ontario, L4R 5B2
5.2
Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.