458 93 Highway

Midland · MLS® S13479456

Land · Vacant Land · 123 days on market

listed by SHANEL HAMANN, Chase Realty Inc., Brokerage

realtor's description

Excellent opportunity to acquire vacant land in the growing community of Penetanguishene. Conveniently located close to all amenities, including shopping, schools, parks, restaurants, and waterfront access, this property offers both accessibility and long-term potential.The lot provides the ability to build residential units (buyer to verify zoning and permitted uses with the municipality), making it an ideal option for developers, investors, or those looking to build a custom home or income-producing property. Situated in an established area with services nearby, this parcel presents a rare chance to secure land in a desirable and well-connected location.Whether you are planning a development project or looking for a long-term investment, this property offers flexibility, location, and strong future value.

property details

type: Land, Vacant Land
parking: 0
property tax: $760 / yr
days on market: 123
MLS®: S13479456

features

School Bus

monthly cost

$1,758/mo

Mortgage $1,695 · Tax $63

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

estimated payment

$1,695/ monthly

loan $311,200

25-year amortization

down payment20% · $77,80020%+ 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: $197,251
cash to close: $77,800; down payment; transfer tax and fees not included
total paid: $508,451

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