216 Mountsberg Road

Rural Flamborough, Hamilton · MLS® X13431844

Land · Vacant Land · 135 days on market

listed by Nick Lawlor, ROYAL LEPAGE REAL ESTATE SERVICES LTD.

realtor's description

1 Acre building lot located North, East Hamilton. Great access to highway 401 and Milton. Lot backs onto Agricultural land and a portion to the rear is within the hundred year flood plain. Lot is wooded and fronts onto paved road. Approximately 2 thirds of the lot is buildable. Ideal for a family looking for a rural setting to build an affordable country home. Buyer will have development fees, building permits, cost of servicing, well cost, septic cost, etc. at their expense. Buyer to rely on their own due diligence and verification of their plans with appropriate authorities. HST Subject to purchase price if applicable.

property details

type: Land, Vacant Land
parking: 0
property tax: $193 / yr
days on market: 135
MLS®: X13431844

features

Wooded area

monthly cost

$1,759/mo

Mortgage $1,743 · Tax $16

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

estimated payment

$1,743/ monthly

loan $320,000

25-year amortization

down payment20% · $80,00020%+ 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: $202,828
cash to close: $80,000; down payment; transfer tax and fees not included
total paid: $522,828

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