420 Cornell Drive

Midland · MLS® S13520162

Land · Vacant Land · 113 days on market

listed by MARK LEADER, RE/MAX HALLMARK CHAY REALTY

realtor's 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.

property details

type: Land, Vacant Land
parking: 0
property tax: $1,700 / yr
days on market: 113
MLS®: S13520162

monthly cost

$965/mo

Mortgage $823 · Tax $142

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$823/ monthly

loan $151,200

25-year amortization

down payment20% · $37,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $95,836
cash to close: $37,800; down payment; transfer tax and fees not included
total paid: $247,036

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.