0000 Poolton Lane

Painswick North, Barrie · MLS® S12609416

Land · Vacant Land · 320 days on market

listed by MIKE MIFSUD, NU-KEY REALTY LTD.

realtor's description

Vacant land with Development Opportunity. Prime location. Potential of 55-60 townhomes. Property currently is Registered plan of subdivision zoned for 12 single family homes, may be converted up to 1150 linear feet of (55-60) townhouses. Take advantage of City of Barrie's recent reduction of development charges ($42k per townhome- $56k per Single home). VTB available to qualified buyer.

property details

type: Land, Vacant Land
parking: 0
property tax: $11,325 / yr
days on market: 320
MLS®: S12609416

monthly cost

$31,224/mo

Mortgage $30,280 · Tax $944

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

estimated payment

$30,280/ monthly

loan $5,560,000

25-year amortization

down payment20% · $1,390,00020%+ 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: $3,524,145
cash to close: $1,390,000; down payment; transfer tax and fees not included
total paid: $9,084,145

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