2967 South Grimsby Rd 5

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

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

    445

  • Status

    Ext

Listing Broker RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Since listed: 3 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
2024-07 Lot 112 Charlotte St, $849,000 $755,000 23
2024-07 574 Cedar School Rd, $249,900 $250,000 18
2024-06 909 County 11 Rd, $379,909 $365,000 88
2024-06 6040 Old Hastings Rd S, $58,900 $53,500 16
2024-06 Lot 14 South Grimsby 5 Rd, $150,000 $75,000 84
2024-06 Lot 13 South Grimsby 5 Rd, $150,000 $75,000 84
2024-06 122 Brock St, $200,000 $65,000 51
2024-06 0 Ridge Rd, $224,900 $190,000 229
2024-06 0 Williams Dr, $129,900 $115,000 48
2024-06 LOT 7 Addington Road 5, $175,000 $150,000 17
2024-06 0 Hastings Heritage Tr, $189,900 $202,000 7
2024-06 18002 Northbranch Rd, $289,999 $285,000 39
2024-06 Lot 22 University Ave, $90,000 $65,000 60
2024-06 1978 Myers Cave Rd, $205,000 $210,000 1
2024-06 1458 Bradshaw Rd, $169,000 $150,000 3

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

Angela Aiello, Realtor

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