$740,000
Est. payment $3,277/moCalculate yours
25 Yonge Street N, Springwater, ON L0L 1P0
Elmvale, Springwater, ON L0L 1P0
Listing courtesy of REAL ONE REALTY INC. MLS® S12956300
About this home
Rare development opportunity with municipal approvals in place. The property is zoned R3-13 Residential and has received planning approval for the development of up to 10 residential units (two-bedroom units).Ideally located in the heart of Elmvale, within close proximity to schools, retail amenities, and community services. The property benefits from full municipal services, including water, sewer, hydro, and road access. Lot size is approximately 13,000 sq ft. A great opportunity for builders and investors to proceed with a development project while saving significant time on the planning and approval process. Buyer to verify all information, zoning, and approvals. Vendor Take-Back Financing Available.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Building & Systems
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 63.98 x 200 Feet
- Zoning
- R3-13
Financial
- Property Taxes
- $3,200 (2025)
Location
- Neighbourhood
- Elmvale
- Cross Street
- Yonge St N And County Rd 92
- Direction Faces
- East
Listing
- MLS® Number
- S12956300
- Days on Market
- 198
- Listed On
- 2026-04-03
- Possession
- Immediate possession available
- Listed By
- REAL ONE REALTY INC.
Features
Property
- Level
- Place Of Worship
- Rec./Commun.Centre
Mortgage calculator
Estimated mortgage payment
$3,277 per month
- Principal and interest
- $3,277
- Property tax
- $267
- Condo fees
- $0
- Estimated monthly cost
- $3,543
Your mortgage
- Mortgage amount
- $592,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $390,968
Cash to close
- Down payment
- $148,000
- Land transfer tax
- $11,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $159,275
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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