639-641 Mt Pleasant Road W

Brantford Twp, Brant · MLS® X12759488

Land · Vacant Land · 262 days on market

listed by Alister MacLean, Sutton Group Select Realty Inc Brokerage

realtor's description

This noteworthy 14.87-acre parcel of level land is located within the development area of Mt. Pleasant and is designated for single-family residential development with water and gas at the lot line. The sale of the property is contingent upon the seller completing the necessary consent to subdivide the corner property, which currently contains two existing houses. Following approval, 2.87 acres will be poised to advance with a draft plan of subdivision, which aims to create more than eight (8) spacious single-family residential lots, each comprising 1,000 square meters and featuring a frontage of 20 meters. The remaining 12 acres are classified as Community Lands, intended for future development projects.

property details

type: Land, Vacant Land
parking: 0
property tax: $6,283 / yr
days on market: 262
MLS®: X12759488

features

Irregular lot size

monthly cost

$17,951/mo

Mortgage $17,428 · Tax $524

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

estimated payment

$17,428/ monthly

loan $3,200,000

25-year amortization

down payment20% · $800,00020%+ 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: $2,028,285
cash to close: $800,000; down payment; transfer tax and fees not included
total paid: $5,228,285

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