2311 Highway 56

Rural Glanbrook, Binbrook · MLS® 40860544

Land · Vacant Land · 40 days on market

listed by Fathalla Denno, Right at Home Realty

realtor's description

Irregular rural property with approximately 270 ft frontage on Regional Road 56, improved with a 1,536-sq.-ft. bungalow,___also, there is 30’ x 60’ (1,800-sq.-ft.) detached brick Workshop/Garage with 14-ft ceiling and oversized overhead door,___Additional Barn/ Accessory Storage Structures,___fenced paddock/pasture areas,___substantial open field/yard area, large, gravelled area and two existing Highway 56 driveways.___Property is presently serviced by private well and septic.

property details

type: Land, Vacant Land
parking: 0
property tax: $5,968 / yr
days on market: 40
MLS®: 40860544

features

Country residential
High Traffic Area

monthly cost

$11,385/mo

Mortgage $10,888 · Tax $497

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

estimated payment

$10,888/ monthly

loan $1,999,200

25-year amortization

down payment20% · $499,80020%+ 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: $1,267,171
cash to close: $499,800; down payment; transfer tax and fees not included
total paid: $3,266,371

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