8870 County 93 Road, Midland, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $4,990,000 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 1 Bathroom
- Premium 382.29 x 3589.31 ft lot size
- Convenient other garage included
- equipped with no central cooling and highly efficient gas forced air closed heating
Description
Great development opportunity on HWY 93 in Midland. Sewers and water are going to be coming across this property in the near future. Potential for commercial development on the highway with over 100 acres left for a residential development. This property has frontage on the HWY as well as Marshall Road increasing the development potential. Currently, the property has a very well maintained century home, an ongoing farm, along with a 3,600 square foot machine shop that is currently zoned as a machine shop. This property is close to hospitals, shopping, Huronia Regional Air Port. Current zoning is Rural RU-11, EP. There is approximately 8 acres that are zoned EP. Propane tank is used for the drive shed only. Lot Dimensions: 202.68 ft x 5,385.54 ft x 65.98 ft x 1,809.33 ft x 1,312.05 ft x 3,389.39 ft x 401.00 ft x 199.92 ft x 382.29 ft x 234.12 ft x 388.85 ft
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8870 County 93 Road, Midland, ON L4R 4K4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Midland, ON
For a property listed at $4,990,000 in Midland, the legal minimum down payment is $998,000 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 $111,225 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 $111,225.
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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.