Great development opportunity on HWY 93 in Midland. Sewers and water are going to be coming across this property in the near future. Potential for commercial development on the highway with over 100 acres left for a residential development. This property has frontage on the HWY as well as Marshall Road increasing the development potential. Currently, the property has a very well maintained century home, an ongoing farm, along with a 3,600 square foot machine shop that is currently zoned as a machine shop. This property is close to hospitals, shopping, Huronia Regional Air Port. Current zoning is Rural RU-11, EP. There is approximately 8 acres that are zoned EP. Propane tank is used for the drive shed only. Lot Dimensions: 202.68 ft x 5,385.54 ft x 65.98 ft x 1,809.33 ft x 1,312.05 ft x 3,389.39 ft x 401.00 ft x 199.92 ft x 382.29 ft x 234.12 ft x 388.85 ft
3 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $2,198 per square foot. Chat with Zara if you'd like a deeper read on whether this farm fits your budget and timing.
Inside 8870 County 93 Rd
Every detail from the listing, in one place.
Type
Farm
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
19 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
19
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
115.782
Listing & possession
Property style
2-Storey
Property class
Farm
8870 County 93 Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13686952$5,495,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8870 County 93 Rd Compares to the Midland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$26,995
/mo
based on the purchase price of $5,495,000
$1,099,000 cash
$4,396,000 financed
$3,702,586 total interest
Principal54%$4,396,000
Interest46%$3,702,586
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.
Keep looking near 8870 County 93 Rd
Homes for sale in Midland
Every active Midland MLS® listing, updated all day.
Average days on market52Homes sold in about 52 days on average.
Sale-to-list ratio95.0%On average, homes sold below asking.
Active listings177Homes 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 8870 County 93 Rd
How much is 8870 County 93 Rd listed for?
8870 County 93 Rd is listed at $5,495,000 (MLS® S13686952). Summitly updates the price as soon as the MLS® record changes.
Is $5,495,000 a good price for 8870 County 93 Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Midland. 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 8870 County 93 Rd changed?
No — 8870 County 93 Rd is still listed at its original asking price of $5,495,000.
How many bedrooms and bathrooms does 8870 County 93 Rd have?
8870 County 93 Rd has 3 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a farm home in Midland.
How much would the monthly mortgage be on 8870 County 93 Rd?
About $26,995 a month — principal and interest on $5,495,000 with 20% down ($1,099,000), 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 8870 County 93 Rd compare with other homes in Midland?
Its asking price of $5,495,000 is about 932% above 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 8870 County 93 Rd been sold before?
Summitly has no earlier MLS® sale or lease of 8870 County 93 Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8870 County 93 Rd?
8870 County 93 Rd is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8870 County 93 Rd been on the market?
66 days — 8870 County 93 Rd was listed on August 18, 2026.
What is the price per square foot of 8870 County 93 Rd?
About $1,832 to $2,198 per square foot: the asking price of $5,495,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 8870 County 93 Rd have parking or a garage?
Yes — the listing gives 19 parking spaces. Garage: Yes.
Does 8870 County 93 Rd have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
