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105 Mill Street E
homes for sale · Springwater · Hillsdale
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$5,990,000

105 Mill Street E

Hillsdale, Springwater · MLS® S12935204

138 sq ft · Land · Vacant Land · 208 days on market

listed by ARASH FATEMI, ROYAL LEPAGE REAL ESTATE SERVICES LTD.

realtor's description

The site is composed of three parcels within the Springwater Simcoe Hillsdale Secondary Plan designatedas Residential Land, identified as a Major Area in Springwater's Urban Settlement Areas. The three parcels constitute a cumulative 138.5 acres, with approximately 57 usable acres. ~70 acres of the parcel are currently being farmed. Current Secondary Plan allows 0.5 acre lot based on 100' of frontage Potential to develop up to 132 lots under current policy There is an approved proposal for a sewage treatment plant to be built by the landowners to the North of the site, creating an opportunity for increased density and to tap into future sewage infrastructure Provincial forecasts note that Simcoe County's population is expected to grow by 194,000 people by 2051, almost quadrupling in size.

property details

type
Land, Vacant Land
living area
138 sq ft
parking
0
property tax
$2,000 / yr
days on market
208
MLS®
S12935204

monthly cost

$26,265/mo
Mortgage $26,098 · Tax $167

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

estimated payment
$26,098/ monthly
loan $4,792,000
25-year amortization
total interest
$3,037,357
cash to close
$1,198,000
down payment; transfer tax and fees not included
total paid
$7,829,357

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

location

Hillsdale, SpringwaterGoogle Maps ↗

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listed by
ARASH FATEMI
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
call ARASH · 416-907-8226
Powered by: REALTOR.ca

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location

Hillsdale, SpringwaterGoogle Maps ↗
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.