442 THIRD Street

East A, London · MLS® 40708690

0 sq ft lot · Land · Vacant Land · 583 days on market

listed by MARIA KYVERIS, KEMPSTON & WERTH REALTY LTD.

realtor's description

ATTENTION BUILDERS AND DEVELOPERS! LAND VALUE! 10 stacked town homes within walking distance to Fanshawe College! Recently approved for 10 units - no site plan approval required, just apply for your building permit and you can start right away. Draft building permit drawings available for 4-3 bedroom and 6-2 bedroom building available. 10 parking spots plus one barrier free spot. Allowance for garbage moloks too. Site plan, preliminary grading and servicing plans, draft condominium documents, survey, and more available upon request. Option to build as a purpose built structure or to complete condo application and sell 10 units separately.

property details

type: Land, Vacant Land
lot: 0 sq ft
parking: 0
property tax: $2,000 / yr
days on market: 583
MLS®: 40708690

monthly cost

$4,088/mo

Mortgage $3,921 · Tax $167

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

estimated payment

$3,921/ monthly

loan $720,000

25-year amortization

down payment20% · $180,00020%+ 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: $456,364
cash to close: $180,000; down payment; transfer tax and fees not included
total paid: $1,176,364

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