Pt LT20 Con 12

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$2,500,000

Pt LT20 Con 12

Rural East Garafraxa, East Garafraxa · MLS® X12423377

Land · Vacant Land · 395 days on market

listed by DOUGLAS WALTER SCHILD, ROYAL LEPAGE RCR REALTY

realtor's description

Are you planning for the future? Look no further than this 10 acre parcel of land with two road frontages and located at the corner of County Road 109 and County Road 5 in East Garafraxa. The land is level and open and currently zoned for Residential. The property is across the road from existing commercial operations, including Home Hardware, Arthurs Fuel and card lock depot, Central Ontario FS grain handling facility, as well as agricultural operations. The location is just west of the traffic lights at the intersection of County Road 109 and Highway 25. See aerial photos attached to the listing

property details

type: Land, Vacant Land
parking: 0
property tax: $1,219 / yr
days on market: 395
MLS®: X12423377

features

Level lot
Level

monthly cost

$10,994/mo

Mortgage $10,892 · Tax $102

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

estimated payment

$10,892/ monthly

loan $2,000,000

25-year amortization

down payment20% · $500,00020%+ 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: $1,267,678
cash to close: $500,000; down payment; transfer tax and fees not included
total paid: $3,267,678

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