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720 Ontario Street

Midland / Midland, ON L4R 1A5

ActiveFor Sale
0 Beds
0 Baths
1 Lot Sq Ft
Land

About This Property

With R3 zoning in place, this site offers flexibility for residential development under the Town of Midland's zoning framework, supporting a range of housing forms that complement the existing neighbourhood character. Potential uses include a multi-unit residential building (subject to site plan and municipal approval) or creative infill solutions that maximize density on a serviced lot (municipal sewer available). The lot's configuration and location also present a severance opportunity - where municipal consent could facilitate division into two building lots (buyer to confirm feasibility with planning staff). Imagine detached homes, semi-detached units, townhomes, or a modest apartment building in this vibrant community! 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

StatusActive
Property TypeLand
Listing TypeFor Sale
Lot Size1 sq ft
Bedrooms0
Bathrooms0
Postal CodeL4R 1A5
Last UpdatedAug 8, 2026 · 8:59 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® S12874628

Listed by Real Broker Ontario Ltd.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$100,000

asking price

MLS®S12874628
TypeLand
CityMidland
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$488

/month · $80,000 mortgage

Down Payment20% — $20,000
Interest Rate5.5%

Amortization

Total Interest

$66,494

Total Cost

$146,494

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Real Broker Ontario Ltd.