$389,000
For sale: Vacant Land

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.
Sold data
Homes in Midland took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 70, across 85 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.
The median sale price was $544,999.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 85 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Midland has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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