2636 Midland Avenue, Toronto E07

Price: $5,000,000

0 bedrooms, 0 bathrooms

2 sqft

Property Type: Land

MLS#: E13185350

Builder, Developers , Toronto, Scarborough very nice location to use for Residential Development Land, Minutes to 401, 404 & 407. Shopping Mall, Schools, Go Train, Subway. Listing being sold in combination with 2640 Midland Ave.

2636 Midland Avenue - Land photo 1 of 1 in Agincourt / Milliken, Ontario
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$5,000,000 - 2636 Midland Avenue, Agincourt

Land for Sale in Agincourt

0Beds
0Baths
2Sq Ft
Land
Property Details
MLS Number
E13185350
Property Type
Land
Status
active
Days on Site
23
Bedrooms
0
Bathrooms
0
Square Feet
2 sqft
Neighbourhood
Agincourt / Milliken
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Builder, Developers , Toronto, Scarborough very nice location to use for Residential Development Land, Minutes to 401, 404 & 407. Shopping Mall, Schools, Go Train, Subway. Listing being sold in combination with 2640 Midland Ave.

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Estimated Payment

$22,116.69/mo

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5-yr fixed avg.

Principal: $4,000,000Interest: $2,635,006
Mortgage Amount$4,000,000
Total Interest$2,635,006
Est. Property Tax$3,542/mo
Total Cost$6,635,006

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Agincourt / Milliken

Discover Agincourt / Milliken

Agincourt / Milliken is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Agincourt / Milliken

  • Convenient location in Agincourt / Milliken
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Agincourt / Milliken offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2636 Midland Avenue, Agincourt / Milliken

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Land Investment Considerations

Key factors for evaluating this land parcel

Land Due Diligence Checklist

· Confirm zoning designation and all permitted uses

· Verify servicing (water, sewer, hydro) at lot line

· Order a Phase 1 Environmental Site Assessment

· Obtain an up-to-date survey (boundaries, easements)

· Review development charges and levies with the municipality

· Consult a land use planner on development feasibility

Commercial Financing Note

Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.

Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Zoning & Permitted Use

Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Agincourt planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.

Land Market Timeline

Vacant land typically takes longer to sell than residential homes — 60 to 180+ days is common. Commercial and development-oriented buyers need time to conduct feasibility studies, consult planners, and arrange specialized financing. Don't read anything into the days-on-market figure without comparing to similar parcels in Agincourt.

Servicing & Infrastructure

A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Agincourt's development charges. This can make or break a project's feasibility.

Environmental & Survey

I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.

Development Approval Timeline

If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.

Let's Walk Through It Together

Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.

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    MLS# E13185350 — 2636 Midland Avenue | Battaglia Team