164 CATHERINE Street

Parkhill · MLS® 40773019

Land · Vacant Land · 395 days on market

listed by David Boersma, RE/MAX Escarpment Realty Inc.

realtor's description

Power of Sale! Prime residential lot in the heart of Parkhill with the seller willing to consider a Vendor Take-Back mortgage (VTB). Services are available at the road, with excellent potential to build a detached or semi-detached home. Located on a quiet street, this property combines small-town charm with modern convenience. Parkhill boasts schools, parks, conservation areas, trails, splash pad, community centre, and everyday amenities, all within minutes. Just 45 minutes to London and a short drive to Grand Bend's beaches. Rare opportunity for builders, investors, or end-users seeking affordable land with flexible financing options.

property details

type: Land, Vacant Land
parking: 0
property tax: $1,298 / yr
days on market: 395
MLS®: 40773019

monthly cost

$1,154/mo

Mortgage $1,046 · Tax $108

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

estimated payment

$1,046/ monthly

loan $192,000

25-year amortization

down payment20% · $48,00020%+ 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: $121,697
cash to close: $48,000; down payment; transfer tax and fees not included
total paid: $313,697

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