Opportunity has arrived for the following: builders, developers and investors. Approximately 4.5 acres of land has now become available and is one of the very few remaining development parcels in the beautiful City of Brockville. Located in the Citys east end, just north of the dwellings on Karolina Street, west of the unopened First Avenue road allowance, these lands are zoned for future residential development, in a H-R4 "holding" zone. There is a draft concept plan which the City Planning Department is in possession of and forms part of the Official Plan secondary plan. It is a concept plan, and subdivision approval is required. Prospective purchasers are to verify Official Plan and Zoning for their usage and prospective development interests - Buyer's due diligence is a must! Explore options for even higher density development! Features for this property is definitely the location: merely a few minutes from local amenities which includes grocery, shopping, Big Box stores, banking, public transit and parks. Centrally located offering quick access to Highway 401 for easy commutes and let's not overlook the VIA Rail system which now provides convenient commuter access to Ottawa and Toronto. Don't delay in snapping up one of the last remaining City parcels of land awaiting your development plans! (id:28469)
Facts & features
Property
MLS® Number
X13764460
Property Type
Vacant Land
Community Name
810 - Brockville
Features
Irregular Lot Size
Building
Size Interior
0 - 699 Sqft
Parking
No Garage
—
Land
Acreage
Yes
Size Depth
527 Ft ,2 In
Size Frontage
600 Ft
Size Irregular
600 X 527.2 Ft ; Shape
Size Total Text
600 X 527.2 Ft ; Shape|2 - 4.99 Acres
Zoning Description
Residential
Utilities
Electricity
Available
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,981/mo
Ontario land transfer tax
$14,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.