Set on an oversized lot in a highly desirable established neighbourhood, this 1951 home offers outstanding redevelopment potential. Properties with this combination of location, lot size and future development potential are increasingly difficult to find. The existing home features 3 bedrooms and 1 bathroom and has been well cared for over the years, making it ideal as a rental property while future development plans are explored. With its generous lot size and prime location the property presents a rare chance to secure land in an area with tremendous long-term upside. Don't miss your chance to invest in a property that offers value today and exciting possiblities tomorrow. (id:28469)
Facts & features
Property
MLS® Number
X13642808
Property Type
Vacant Land
Neighbourhood
City View
Community Name
7301 - Meadowlands/St. Claire Gardens
Equipment Type
Water Heater, Furnace, Water Heater - Tankless
Parking Space Total
1
Rental Equipment Type
Water Heater, Furnace, Water Heater - Tankless
Building
Bathroom Total
1
Bedrooms Above Ground
3
Bedrooms Total
3
Age
51 To 99 Years
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Exterior Finish
Aluminum Siding
Foundation Type
Block
Heating Fuel
Natural Gas
Heating Type
Forced Air, Heat Pump
Stories Total
2
Size Interior
1,100 - 1,500 Sqft
Utility Water
Municipal Water
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
90 Ft
Size Frontage
149 Ft ,7 In
Size Irregular
149.6 X 90 Ft
Size Total Text
149.6 X 90 Ft|under 1/2 Acre
Zoning Description
R1ff (632)
Utilities
Cable
Installed
Electricity
Installed
Sewer
Installed
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
$5,535/mo
Ontario land transfer tax
$21,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.