720 Ontario Street, Midland
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! (id:1945)
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Property details for 720 Ontario Street, Midland
- Type
- Lots and Land
- Lot Size
- 49.46 x 99.96 FT
- Annual Taxes
- $1,270 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 720 Ontario Street
Active Listings
127
Min Price
$39,900
Max Price
$3,950,000
Avg Price
$668,207
Days on Market
74
days
Sold Listings
52
Min Sold Price
$119,500
Max Sold Price
$1,699,000
Avg Sold Price
$571,236
Days until Sold
79
days
Neighbourhood Census Data
Midland, Ontario
Population
490
Median Age
35.3
Median Income
$25,376
Dwelling Value
$178,990
Housing Tenure
Owners 49%
Renters 49%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 2,228.3/km²
Avg Shelter Cost: $880/mo
Owners with Mortgage: 56.5%
Owners Spending 30%+: 21.7%
Tenants Spending 30%+: 56.5%
English only: 89.7%
French only: 1%
English and French: 10.3%
Median Household Income: $47,552
Median Employment Income: $28,736
Price History
Listed
March 12, 2026
by Real Broker Ontario Ltd.
Current Price
$100,000
Type
Lots and Land
For Sale