Homula Realty Brokerage
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7183 Hwy 93 Highway, Tay, ON L0K 2E0

700-1100 sq ft · Vacant Land
$175,000
Property tax
$1,345 / year

Opportunity knocks at 7183 Highway 93 in the growing community of Wyebridge. This prime piece of land is an excellent option for builders, investors, and developers seeking a well-located lot with strong long-term potential. Situated just 8 km from Midland, 10 km from Penetanguishene, and 24 km from Wasaga Beach, this location offers easy access to shopping, dining, healthcare, and year-round recreation, while still maintaining the quiet charm of a rural setting. The surrounding area is ideal for active lifestyles and nature lovers, with popular attractions like the Tay Shore Trail, Wye Marsh Wildlife Centre, and Awenda Provincial Park just a short drive away. The nearby Wyebridge Community Centre and Midland Cultural Centre offer additional community amenities and programming that enhance quality of life for future residents. Whether you're looking to build a custom home or hold land as a strategic investment, this property provides flexibility. For those needing more space, the seller is willing to offer up to 100 feet of frontage for an added cost creating even greater opportunity for expanded development potential. With excellent visibility on Highway 93 and a steadily growing demand for rural residential and recreational properties in Simcoe County, this lot is a smart addition to any builder or investors portfolio. Seller is open to a property trade for a condo in Hollywood or Hallandale, Florida, and is willing to add cash or hold a mortgage for the difference. A great opportunity for buyers with flexibility.

MLS number
S13442480
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L0K 2E0
Photos
5
Laundry
Not in the unit
94days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$35,000 · minimum here is $8,750
$774.86per month
Borrowed before insurance$140,000
Total borrowed$140,000
Interest over 25 years at 4.5%$92,459

If you rented it out

-$886.95per month out of pocket
Rent$0.00
Everything it costs to hold$886.95
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by SUTTON GROUP INCENTIVE REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.