An exceptional opportunity to own 72.62 acres of pristine, vacant land with an expansive lakefront along stunning Sturgeon Bay, a gateway to the world-renowned Georgian Bay. This rare offering boasts natural beauty, privacy, and unlimited potential for development or a private estate retreat. Excellent location near Midland and Waubaushene with easy access to Highway 400 under two hours from the GTA. Whether you're seeking a tranquil escape, investment potential, or the perfect cavas for your vision, this property offers endless possibilities. Don't miss this chance to own a large tract of lakefront land in one of Ontarios most desirable recreational areas.
works out to roughly $5,141 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 185 Park St
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
72.62
Listing & possession
Property class
Vacant Land
185 Park St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$17,681
/mo
based on the purchase price of $3,599,000
$719,800 cash
$2,879,200 financed
$2,425,042 total interest
Principal54%$2,879,200
Interest46%$2,425,042
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio94.7%On average, homes sold below asking.
Active listings146Homes for sale here right now.
Median vs prior 90 days−5.2%Compared with May 10 – Aug 8, 2026: prices down.
Based on 69 sales from Aug 8 – Nov 6, 2026 (61 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 185 Park St
How much is 185 Park St listed for?
185 Park St is listed at $3,599,000 (MLS® S12147670). Summitly updates the price as soon as the MLS® record changes.
Is $3,599,000 a good price for 185 Park St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Tay. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 185 Park St changed?
Yes — it was first listed at $4,500,000 and is now $3,599,000, a drop of $901,000 (20.0%).
How many bedrooms and bathrooms does 185 Park St have?
185 Park St has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Tay.
How much would the monthly mortgage be on 185 Park St?
About $17,681 a month — principal and interest on $3,599,000 with 20% down ($719,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 185 Park St compare with other homes in Tay?
Its asking price of $3,599,000 is about 546% above the median sold price in Tay over the last 90 days, $557,000, across 69 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 185 Park St been sold before?
Summitly has no earlier MLS® sale or lease of 185 Park St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 185 Park St?
185 Park St is in Tay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 185 Park St been on the market?
546 days — 185 Park St was listed on May 9, 2025.
What is the price per square foot of 185 Park St?
About $5,141 per square foot: the asking price of $3,599,000 over the 700 sq ft the listing gives.
What is the lot size of 185 Park St?
The lot is 74.995 acres, as published in the listing.
What is the land transfer tax on 185 Park St?
About $76,450 in Ontario land transfer tax at the asking price of $3,599,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.