0 Heritage Line

Otonabee-South Monaghan · MLS® X12898408

Land · Vacant Land · 219 days on market

listed by Alina Stewart, The Nook Realty Inc.

realtor's description

FOR SALE - 16 Lot Residential Development. Located in the charming Hamlet of Keene, a short drive away from the City of Peterborough, this 13.7 acre property offers a rare and exciting residential development opportunity. APPROVED for a 16-lot Plan of Condominium, this land is primed for creating a new community in an ideal location. Benefit from municipal water hookup and natural gas availability. All of Keene's amenities, including Keene General Store, LCBO, Library, Restaurants, Hockey Arena, Public Boat launch and the highly regarded North Shore Public School, are in walking distance. This development combines the peaceful charm of rural living with modern conveniences, making it a perfect opportunity for builders, developers, and investors alike. Don't miss the chance to create something special in this growing and sought-after community.

property details

type: Land, Vacant Land
parking: 0
property tax: $1,848 / yr
days on market: 219
MLS®: X12898408

features

Level lot
Irregular lot size
Flat site
School Bus

monthly cost

$6,689/mo

Mortgage $6,535 · Tax $154

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,535/ monthly

loan $1,200,000

25-year amortization

down payment20% · $300,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $760,607
cash to close: $300,000; down payment; transfer tax and fees not included
total paid: $1,960,607

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.