0 Shelp Street

Airport, North Bay · MLS® X13227682

5 sq ft · 5 sq ft lot · Land · Vacant Land · 144 days on market

listed by JESSE FARB, RIGHT AT HOME REALTY

realtor's description

5.15-acre land assembly on North Bay's Airport Hill, positioned between two established subdivisions. A conceptual 24-lot plan and boundary survey have already been prepared and are available to qualified buyers on request. Designated Residential (R1H - Holding): the Holding provision will need to be lifted and municipal services extended before development can proceed. This is a value-add opportunity suited to an experienced developer or land investor with the capacity to carry a Holding-removal and servicing process - not a shovel-ready building lot. No municipal water, sewer, or utilities currently in place. Buyers are responsible for satisfying themselves regarding zoning, servicing, permitted uses, and development feasibility through independent due diligence. Offers welcome any time.

property details

type: Land, Vacant Land
living area: 5 sq ft
lot: 5 sq ft
parking: 0
property tax: $1,262 / yr
days on market: 144
MLS®: X13227682

features

Irregular lot size

monthly cost

$2,279/mo

Mortgage $2,174 · Tax $105

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

estimated payment

$2,174/ monthly

loan $399,200

25-year amortization

down payment20% · $99,80020%+ 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: $253,029
cash to close: $99,800; down payment; transfer tax and fees not included
total paid: $652,229

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