211 THOMPSON Road W

Waterford · MLS® 40866587

3 sq ft lot · Land · Vacant Land · 11 days on market

listed by Tobias Smulders, RE/MAX Escarpment Realty Inc.

realtor's description

Exceptional Development Opportunity in Waterford! Discover 2.6 acres of land with approximately 144 feet of frontage and 524 feet of depth, offering a multitude of possibilities. Zoned for development and ideally located near major routes and local amenities, this property presents an exciting opportunity for builders, developers, and investors. A preliminary concept plan is available, providing a starting point for exploring the site's potential. With municipal hydro, natural gas, and waste-water solutions available, this is a rare opportunity to secure a substantial development parcel in a growing Norfolk community.

property details

type: Land, Vacant Land
lot: 3 sq ft
parking: 0
property tax: $2,764 / yr
days on market: 11
MLS®: 40866587

features

Country residential

monthly cost

$5,023/mo

Mortgage $4,793 · Tax $230

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

estimated payment

$4,793/ monthly

loan $879,999

25-year amortization

down payment20% · $220,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $557,778
cash to close: $220,000; down payment; transfer tax and fees not included
total paid: $1,437,777

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