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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Midland
About 420 Cornell Drive
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.
Midland land priced at $189,000 — book a tour to see if it fits your search.
Inside 420 Cornell Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
420 Cornell Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13520162$189,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 420 Cornell Dr Compares to the Midland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$929
/mo
based on the purchase price of $189,000
$37,800 cash
$151,200 financed
$127,350 total interest
Principal54%$151,200
Interest46%$127,350
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
Own a home on Cornell Drive? See what yours is worth
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Book a tour of 420 Cornell Dr with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 420 Cornell Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 market52Homes sold in about 52 days on average.
Sale-to-list ratio95.0%On average, homes sold below asking.
Active listings176Homes for sale here right now.
Median vs prior 90 days+3.4%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 108 sales from Jul 25 – Oct 23, 2026 (57 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 420 Cornell Dr
How much is 420 Cornell Dr listed for?
420 Cornell Dr is listed at $189,000 (MLS® S13520162). Summitly updates the price as soon as the MLS® record changes.
Has the price of 420 Cornell Dr changed?
No — 420 Cornell Dr is still listed at its original asking price of $189,000.
How many bedrooms and bathrooms does 420 Cornell Dr have?
The listing for 420 Cornell Dr doesn't publish its bedroom and bathroom count. It is a lot in Midland.
How much would the monthly mortgage be on 420 Cornell Dr?
About $929 a month — principal and interest on $189,000 with 20% down ($37,800), 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 420 Cornell Dr compare with other homes in Midland?
Its asking price of $189,000 is about 65% below the median sold price in Midland over the last 90 days, $532,500, across 108 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 420 Cornell Dr been sold before?
Summitly has no earlier MLS® sale or lease of 420 Cornell Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 420 Cornell Dr?
420 Cornell Dr is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 420 Cornell Dr been on the market?
112 days — 420 Cornell Dr was listed on July 3, 2026.
What is the land transfer tax on 420 Cornell Dr?
About $1,615 in Ontario land transfer tax at the asking price of $189,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 420 Cornell Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 420 Cornell Dr?
The listing for 420 Cornell Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Midland.
When was 420 Cornell Dr built?
The listing for 420 Cornell Dr doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
