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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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00040 Price Street E
homes for sale · Brighton
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$2,599,900

00040 Price Street E

Brighton · MLS® X13615494

6 sq ft · 6 sq ft lot · Land · Vacant Land · 87 days on market

listed by Travis Royle, Century 21 Lanthorn Real Estate Ltd

realtor's description

Exceptional Residential Development Opportunity in Brighton, Ontario. An outstanding opportunity to acquire a premier residential development site where much of the heavy lifting has already been completed. This 6.23 acre property offers developers and investors the rare chance to step into an advanced stage project with significant planning and engineering work already in place, dramatically reducing the time, cost, and uncertainty typically associated with land development. The property has received Ontario Land Tribunal approval for the Zoning By-law Amendment and Draft Plan of Condominium, subject to conditions, and is supported by an extensive due diligence package including engineering drawings, servicing and stormwater reports, traffic studies, geotechnical and environmental reports, archaeological assessments, planning justification, architectural concepts, landscape plans, urban design brief, tree preservation reports, and more. Current plans envision an attractive 32-unit townhouse condominium community in one of Brighton's most desirable waterfront neighbourhoods, just steps from Presqu'ile Bay, the marina, parks, trails, and minutes to downtown amenities with convenient access to Highway 401.For the next developer, the vision is in place, the groundwork has been completed, and the project is well positioned to move toward the finish line. A rare opportunity to accelerate your development timeline by taking over a project that has already advanced through years of planning and approvals.

property details

type
Land, Vacant Land
living area
6 sq ft
lot
6 sq ft
parking
0
property tax
$3,257 / yr
days on market
87
MLS®
X13615494

monthly cost

$11,599/mo
Mortgage $11,328 · Tax $271

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

estimated payment
$11,328/ monthly
loan $2,079,920
25-year amortization
total interest
$1,318,334
cash to close
$519,980
down payment; transfer tax and fees not included
total paid
$3,398,254

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

listed by
Travis Royle
Century 21 Lanthorn Real Estate Ltd
call Travis · 613-967-4621
Powered by: REALTOR.ca

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0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.