1016 Waterdown Road

Bayview, Burlington · MLS® W13668470

100,000 sq ft · 0 sq ft lot · Land · Vacant Land · 73 days on market

listed by RAYMOND LOYA, RE/MAX ESCARPMENT REALTY INC.

realtor's description

MXG zoned lot 50 X 150 sq ft., conveniently located on a bus route with easy access to major HWY's as well as within walking distance to Aldershot GO. Easy access to amenities is at your fingertips, whether you go up to the town of Waterdown with its shops, or the Bruce Trail, or down, & chose the RBG, LaSalle Park or Hidden Valley Park for a relaxed outing. Currently the site of Aldershot Farmers Market. Redevelopment opportunity to build 11 stories - as of right - plus the opportunity to seek additional height with a 29-storey building having received approval directly across the street. Properties previously had single family homes on them so all the services are there.

property details

type: Land, Vacant Land
living area: 100,000 sq ft
lot: 0 sq ft
parking: 0
property tax: $3,218 / yr
days on market: 73
MLS®: W13668470

monthly cost

$7,021/mo

Mortgage $6,753 · Tax $268

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

estimated payment

$6,753/ monthly

loan $1,240,000

25-year amortization

down payment20% · $310,00020%+ 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: $785,960
cash to close: $310,000; down payment; transfer tax and fees not included
total paid: $2,025,960

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