2967 South Grimsby Rd 5

West Lincoln | | L0R 2A0
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$15,999,000

Est. Mtg $54,249 /mo
  • Days on market

    584

  • Status

    Ext

Listing Broker RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Since listed: 4 views

Home details

MLS #:

X6032037

Property type:
Vacant Land
Style:
Taxes:
$768
Possession:
Flexible
Lot Front:
894.0   Feet
Lot Depth:
1362.0   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


2967 South Grimsby Rd 5, , West Lincoln, Ontario is a Vacant Land property in West Lincoln and in the community in the L0R 2A0 postal code


Seize this incredible opportunity to acquire 28+/- acres of development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands. The projected growth for Smithville under the new plan is 29,030 inhabitants & 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. Areas designated Residential shall be planned to achieve an overall density of between 15 & 20 dwelling units per hectare. The following uses shall be permitted; single detached dwellings, semi-detached dwellings, duplex dwellings, & townhouse dwellings. The subject property is located in Block 1A of Phase One. It is located in the NW quadrant of the proposed Smithville Master Community Plan and is to be one of the first sites to receive water and sewer infrastructure..

Extras

The Subject Property Is Located In Block 1A Of Phase One. It Is Located In The Nw Quadrant Of The Proposed Smithville Master Community Plan And Is To Be One Of The First Sites To Receive Water And Sewer Infrastructure..


History

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List Date End Date List Price End Price Status MLS #
2023-04 2024-06 $15,999,000 $15,999,000 Ext X6032037

Comparables

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sold Date Address List Price sold Price DOM
2024-11 0 CENTRE St, $139,900 $137,500 47
2024-11 PtLt 32 Conc9 Ontario Hydro Acces Rd, $42,999 $38,000 36
2024-11 0 Weslemkoon Lake Rd, $150,000 $120,000 29
2024-11 1296 Maki Rd, $78,000 $64,000 113
2024-11 0 Vachon Rd N, $115,000 $95,000 168
2024-11 1805 Bay Lake Rd, $189,000 $170,000 28
2024-11 203 North Baptiste Lake Rd, $199,900 $150,000 88
2024-11 00 East Rd, $429,000 $395,000 9
2024-11 Lot 8 Jaguar Dr, $109,900 $90,000 88
2024-11 19 & 21 Railway Terr, $199,900 $160,000 40
2024-11 1313 LEE'S Rd, $395,000 $300,000 43
2024-11 33 PACIFIC RD Rd, $135,000 $128,000 98
2024-11 0 Drag Crt, $129,900 $125,000 106
2024-11 P2 S1/2 LT 24 C3 GLACKMEYER TWP, $69,900 $60,000 168
2024-11 PT LT 15 LAKESHORE Rd, $399,900 $250,000 98

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

West Lincoln :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 2967 South Grimsby Rd 5

Based on available 3rd party data

$54448

Approximate costs per month

Mortgage
$54249 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$64 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Data Source: TRREB

Payment calculator

$54313 monthly. In association with: TD Bank
%
  • Principal and Interest
    54249 /mo
  • Property Taxes
    $64 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniella Silvestri, Realtor

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