47808 College Line

Rural Malahide, Malahide · MLS® X13233148

8 sq ft · 8 sq ft lot · Land · Vacant Land · 143 days on market

listed by JOHN CROSBY, ROYAL LEPAGE TRILAND REALTY

realtor's description

Development Opportunity:8.3 acre residential development property (zoned HR). Potential for 12-15 residential building lots (subject to municipal approval). 15 minutes to highway 401, 10 minutes to Aylmer. Property also has an existing brick bungalow (currently occupied) and a barn/shop.(potential severance)

property details

type: Land, Vacant Land
living area: 8 sq ft
lot: 8 sq ft
parking: 0
property tax: $2,800 / yr
days on market: 143
MLS®: X13233148

monthly cost

$12,215/mo

Mortgage $11,981 · Tax $233

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

estimated payment

$11,981/ monthly

loan $2,200,000

25-year amortization

down payment20% · $550,00020%+ 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: $1,394,446
cash to close: $550,000; down payment; transfer tax and fees not included
total paid: $3,594,446

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