Pt 3 Lot 8 Marble Point Road

Marmora Ward, Marmora and Lake · MLS® X13235874

25 sq ft · 25 sq ft lot · Land · Vacant Land · 143 days on market

listed by Dan Holt, LPT Realty

realtor's description

A rare development opportunity in an ideal setting for an adult lifestyle waterfront community along the Crowe River, just minutes from the Village of Marmora. This 24+ acre parcel situated on a year-round, fully serviced road offers excellent potential for investors or developers. Pre-consultation approval is already underway for either a 24-lot subdivision, with lot sizes starting at 0.5 acre, or an adult lifestyle multi-unit complex, with municipal water available nearby. The property is residentially zoned, and many of the required studies have already been completed or underway.

property details

type: Land, Vacant Land
living area: 25 sq ft
lot: 25 sq ft
parking: 0
property tax: $1,206 / yr
days on market: 143
MLS®: X13235874

monthly cost

$7,067/mo

Mortgage $6,967 · Tax $101

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

estimated payment

$6,967/ monthly

loan $1,279,200

25-year amortization

down payment20% · $319,80020%+ 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: $810,807
cash to close: $319,800; down payment; transfer tax and fees not included
total paid: $2,090,007

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