17 HIGHMAN Avenue

Glenview, Lincoln, Oak, Cambridge · MLS® 40853515

Land · Vacant Land · 79 days on market

listed by KYLE CHURCH, Royal LePage Wolle Realty

realtor's description

Attention Builders and Developers. Great infill site with lots of opportunity. The location of this property is nestled in an established neighbourhood of East Galt, on the banks of the Grand River. The property is 0.512 acres, currently zoned R4. Preliminary potential development concepts include six single family homes, ten townhomes, or a 29 unit apartment building. Phase I and Phase II reports completed and available.

property details

type: Land, Vacant Land
parking: 0
property tax: $4,869 / yr
days on market: 79
MLS®: 40853515

monthly cost

$6,941/mo

Mortgage $6,535 · Tax $406

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

estimated payment

$6,535/ monthly

loan $1,200,000

25-year amortization

down payment20% · $300,00020%+ 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: $760,607
cash to close: $300,000; down payment; transfer tax and fees not included
total paid: $1,960,607

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