8870 County 93 Road, Midland, ON L4R 4K4

For Sale 237 days on Market MLS® S12350615

Asking Price

$4,990,000

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8870 County 93 Road, Midland, ON L4R 4K4

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Overview

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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

Bedrooms

Bathrooms

2.0

Area

2,750 sqft

Lot Size

31.5 acres

Type

Farm

Property Details

Year BuiltNot Disclosed

CityMidland

Postal CodeL4R4K4

Lot Dimensions382.29 × 3589.31 ft

Parking19 spaces

Interior Features

Heat: Forced Air

Heat Source: Gas

Cooling: None

Style: 2-Storey

Exterior & Land

Sewer: Septic

Construction: Vinyl Siding

Roof: Asphalt Shingle

Utilities & Services

Heat SourceGas

SewerSeptic

Financial Information

List Price$4,990,000

Annual Taxes$8,127 (2024)

Days on Market237

MLS® S12350615 • Listed by Team Hawke Realty

8870 County 93 Road, Midland, ON L4R 4K4

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Purchase Calculator

Home Price

$4,990,000.00

Location

Down Payment

$1,047,900.00

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Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

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💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

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Mortgage Payment$0.00

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Interest paid over term$0.00

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Effective Amortization30 Years

Property Location

8870 County 93 Road, Midland, ON L4R 4K4

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