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420 Cornell Drive, Midland, ON L4R 4C7

Vacant Land
$189,000
Property tax
$1,700 / year

Prime West End Building Lot on a quiet, lakeside Cul-de-Sac in Midland, ON. The perfect blend of tranquil living & Georgian Bay lifestyle. This beautiful lot is ready to build now with service laterals on property & both the survey & topographical survey avail. The property has excellent privacy & sits high on the cul-de-sac offering 2nd storey east lake views. It comes with deeded access to Little Lake at the bottom of the street for all your lake fun enjoyment. Serene living in a vibrant waterfront community? This is it! Flexible finance available - seller is open to holding a first mortgage to qualified buyer/builder while you build. Or for the builder, market your house plan on this lot while awaiting a buyer.

MLS number
S13520162
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L4R 4C7
Photos
3
71days · this listing
days · this property
Registration 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

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Georgian Bay District Secondary School
Simcoe County DSB
Secondary458 m6.2 / 10
62% met the standard · 2 of 6 measures
Mundy's Bay Elementary Public School
Simcoe County DSB
Elementary773 m5.8 / 10
58% met the standard
Bayview Public School
Simcoe County DSB
Elementary1.1 km5.6 / 10
56% met the standard
Monsignor Castex Separate School
Simcoe Muskoka CDSB
Elementary1.4 km6.4 / 10
64% met the standard
Huron Park Public School
Simcoe County DSB
Elementary1.8 km6.8 / 10
68% met the standard
St Theresa's Separate School
Simcoe Muskoka CDSB
Secondary2.2 km5.9 / 10
59% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,181 people.

$58,000Median household income
60%Own their home
52.2%Detached houses
65.5Median age
12.2%Born outside Canada
13.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431360 — the few blocks around this address, home to 1,181 people. It describes the area, not this property.

1,181Population
59.3Average age
2Household size
$74,800Average household income
$58,000Median household income
60%Own their home
40%Rent
15%Condominiums
12%Born outside Canada
14%University degree
$562,000Average home value
13%Low income
14%Never married
Under $5,0001%
$15,000 to $19,9991%
$20,000 to $24,9995%
$25,000 to $29,9997%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9997%
$50,000 to $59,9997%
$60,000 to $69,9994%
$70,000 to $79,9997%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over20%
$100,000 to $124,9996%
$125,000 to $149,9994%
$150,000 to $199,9996%
$200,000 and over3%

Percentages are of the 690 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$37,800 · minimum here is $9,450
$836.85per month
Borrowed before insurance$151,200
Total borrowed$151,200
Interest over 25 years at 4.5%$99,855

If you rented it out

-$978.52per month out of pocket
Rent$0.00
Everything it costs to hold$978.52
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 RE/MAX HALLMARK CHAY REALTY. Listing data provided by the Toronto Regional Real Estate Board.