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309 Penetanguishene Road

309 Penetanguishene Road

Midland, ON

Vacant Land • 165 days on market

$275,000

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!

Listing Details

Taxes (2025)
$1,613
Listed
March 12, 2026

Price History

Property

Lot Size
76.82 x 122.1 Feet

Location & Legal

Cross Street
Hugel Ave/Penetanguishene Rd
Zoning
OS-7
Parcel Number
584570014
Possession
Flexible

Commercial

Occupancy
Vacant

Schools

Secondary

  • Georgian Bay District Secondary School0.6 km

    Public · Simcoe County DSB · 1110 students

    Grade 10 literacy: 82% met the provincial standard

  • St Theresa's Separate School2.9 km

    Catholic · Simcoe Muskoka CDSB · 730 students

    Grade 10 literacy: 76% met the provincial standard

  • École secondaire Le Caron3.5 km

    French public · CS Viamonde · 100 students

    Grade 10 literacy: 100% met the provincial standard

Elementary

  • Monsignor Castex Separate School0.8 km

    Catholic · Simcoe Muskoka CDSB · 225 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 37% met the provincial standard

  • Bayview Public School1.1 km

    Public · Simcoe County DSB · 340 students

    Grade 3 reading: 47% met the provincial standard · Grade 6 math: 45% met the provincial standard

  • Mundy's Bay Elementary Public School1.4 km

    Public · Simcoe County DSB · 440 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 45% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L4R

Population
19,245
Private dwellings
8,901
Median age
50.4
Average household size
2.2
Median household income
$70,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Midland · last 12 months

Median sold price
$515,000
Homes sold
253
Median days on market
35
Sale-to-list price
95.9%

Based on 253 recorded sales of residential freehold properties in Midland over the last 12 months.

Listed by

Real Broker Ontario Ltd.

Location

Mortgage Calculator

$55,000

Estimated Monthly Payment

$1,351

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,351/mo (20% down, 5.5%)

Taxes: $134/mo · Insurance: $69/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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