681044 260 Side Road

Rural Melancthon, Melancthon · MLS® X14104220

Land · Vacant Land · 3 days on market

listed by SARAH CRAWFORD, RE/MAX REAL ESTATE CENTRE INC.

realtor's description

1.71-acre vacant lot zoned R1 (Residential), complete with a drilled well and driveway entrance. Located just outside the Hamlet of Riverview and surrounded by open farmland, this property offers a peaceful rural setting. There is no conservation land on the lot (buyer to verify); however, the property is regulated by the Grand River Conservation Authority (GRCA). Buyers are responsible for completing their own due diligence regarding permitted uses, zoning, and building approvals through the municipality, the GRCA, and any other applicable authorities. Conveniently located just 15 minutes from Shelburne and 35 minutes from Orangeville.

property details

type: Land, Vacant Land
parking: 0
property tax: $869 / yr
days on market: 3
MLS®: X14104220

monthly cost

$765/mo

Mortgage $693 · Tax $72

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

estimated payment

$693/ monthly

loan $127,200

25-year amortization

down payment20% · $31,80020%+ 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: $80,624
cash to close: $31,800; down payment; transfer tax and fees not included
total paid: $207,824

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