SIGNIFICANT PRICE REDUCTION - Rare 6-acre opportunity in the established and growing community of Greely. With substantial frontage on White Oak Drive and a prime location within a desirable rural-residential setting, this property presents exceptional potential for investors, land bankers, builders, and buyers seeking a strategic long-term hold. The property is situated in an area influenced by the Greely Secondary Plan, with future connectivity and growth considerations in the broader vicinity, making this a compelling opportunity for those exploring future possibilities. Existing home on site offers interim utility while evaluating long-term plans. Now substantially repositioned in price, this is a standout opportunity to acquire a large landholding in a sought-after area at a significantly improved value. Buyers are to conduct their own due diligence with respect to zoning, servicing, road allowances, development potential, subdivision possibilities, and all municipal approvals. (id:28469)
Facts & features
Property
MLS® Number
X13233756
Property Type
Single Family
Community Name
1601 - Greely
Ownership
Freehold
Features
Irregular Lot Size
Parking Space Total
5
Building
Architectural Style
Bungalow
Basement Type
Partial
Construction Style Attachment
Detached
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Concrete
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
1
Size Interior
700 - 1,100 Sqft
Type
House
Parking
Attached Garage
—
No Garage
—
Land
Acreage
Yes
Sewer
Septic System
Size Depth
561 Ft
Size Frontage
206 Ft ,2 In
Size Irregular
206.2 X 561 Ft
Size Total Text
206.2 X 561 Ft|5 - 9.99 Acres
Zoning Description
Dr1
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
$2,874/mo
Ontario land transfer tax
$9,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.