5900 Main St

Clarington | Orono | L0B 1M0
  • 5
  • 4
  • 0

$14,888,000

Est. Mtg $50,482 /mo
  • Days on market

    185

  • Status

    New

Listing Broker RE/MAX IMPACT REALTY
Since listed: 1 views

Home details

MLS #:

E8178306

Property type:
Detached
Style:
2-Storey
Taxes:
$7,021
Possession:
Flexible
Lot Front:
286.6   Metres
Lot Depth:
409.1   Metres
Basement:
Finished |
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


5900 Main St, , Clarington, Ontario is a Detached property in Clarington and in the Orono community in the L0B 1M0 postal code


Welcome to a rare opportunity in the heart of Orono, where prime developmental land awaits your vision. Nestled minutes away from Highways 115 and 407, this expansive parcel spans over 29 acres of potential. Boasting a strategic location and desirable features, this property presents a rare chance for developers and investors to make their mark. At the heart of this offering lies approximately 12 acres within the urban boundary, 8 Acres Currently Zoned R-1 fronting on Main St and can be serviced by municipal water installed in 2018. The sandy soil composition of the land is ideal for septic systems, ensuring ease of development. The flat lay of the land provides a versatile foundation for realizing your vision. Attached is a draft for the potential severance of 11 acres, further expanding the canvas for your development ambitions. Don't miss out on this rare chance to secure a piece of Orono's future..

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2024-03 2024-04 $14,888,000 $14,888,000 New E8178306
2023-02 $3,899 $3,899 X5793626

Comparables

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sold Date Address List Price sold Price DOM
2023-02 3305 Concession Rd 8 Rd, $1,699,900 $1,615,000 19
2019-06 71 Andrews Rd, $564,900 $555,000 28
2018-08 28 Park St, $459,900 $430,000 45

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Clarington :

Properties sold

122

Average sale price

$1,011,994

New Listings

243

Year on Year Growth

-2.30%

Municipality activity All Property Types

Sale activity

Clarington :

Average sale price

$936,572

Properties sold

169

New Listings

319

Days on Market

10

Sale $ / List $

108%

Year on Year Growth

-2.80%


Sale Chart - Detached

Clarington Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 5900 Main St

Based on available 3rd party data

$51202

Approximate costs per month

Mortgage
$50482 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$585 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX IMPACT REALTY
Data Source: TRREB

Payment calculator

$51067 monthly. In association with: TD Bank
%
  • Principal and Interest
    50482 /mo
  • Property Taxes
    $585 /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

Jim Millis, Realtor

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