Lt 147 Pilon Road

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$499,900

Lt 147 Pilon Road

Rural Tiny, Tiny · MLS® S13679636

Land · Vacant Land · 70 days on market

listed by Vicky Dhillon, HOMELIFE SUPERSTARS REAL ESTATE LIMITED

realtor's description

Welcome to the heart of Balm Beach, this expansive 163 x 183-foot corner lot is the perfect setting to build your custom dream home or vacation cottage. This prime property offers a rare development advantage, as you can easily perform a severance to build two homes on the lot with city approvals. You will enjoy the ultimate convenience of being just a short walk away from the beach, local tennis courts, shops, and restaurants. Additionally, this property offers excellent accessibility, sitting just a ten-minute drive from the Town of Midland and less than two hours from Toronto, making it an ideal location for an investment or a private retreat.

property details

type: Land, Vacant Land
parking: 0
property tax: $698 / yr
days on market: 70
MLS®: S13679636

features

Level

monthly cost

$2,236/mo

Mortgage $2,178 · Tax $58

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

estimated payment

$2,178/ monthly

loan $399,920

25-year amortization

down payment20% · $99,98020%+ 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: $253,485
cash to close: $99,980; down payment; transfer tax and fees not included
total paid: $653,405

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