6060 Young St

West Lincoln | | L0R 2A0
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$19,999,000

Est. Mtg $67,813 /mo
  • Days on market

    320

  • Status

    New

Listing Broker SUTTON GROUP-ADMIRAL REALTY INC.
Since listed: 4 views

Home details

MLS #:

X7316340

Property type:
Vacant Land
Style:
Other
Taxes:
$1,808
Possession:
T.B.A.
Lot Front:
1360.2   Feet
Lot Depth:
1630.2   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


6060 Young St, , West Lincoln, Ontario is a Vacant Land property in West Lincoln and in the community in the L0R 2A0 postal code


Fabulous opportunity for a great investment in the future! Rarely available 50 acres lot fully tillable. Located in Smithville, a township with robust expansion and development, there are numerous possibilities for a lucrative redevelopment of this land. THIS PARCEL WAS RECENTLY AMALGAMATED WITHIN THE TOWN OF SMITHVILLE BOUNDARY AND THE OFFICIAL PLAN DESIGNATION WAS CHANGED FROM AGRICULTURAL TO EMPLOYMENT AREA. Buyer must do its own due diligence to ascertain any future use possibilities. The area is part of a Region's Growth Management Strategy which forecasted new population and employment targets for West Lincoln and designated Smithville as the location for most of the Township's anticipated growth. This parcel can be sold jointly with Lot 4 on Spring Creek Road which backs onto it (PIN 460490022)..

Extras

This lot includes an 8,000 sf poultry barn and 1,100 sf storage that have not been used since 2017..


History

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List Date End Date List Price End Price Status MLS #
2023-10 2023-11 $999,000 $999,000 Ter X7259034
2023-11 2024-06 $19,999,000 $19,999,000 New X7316340
2024-09 $19,999,000 $19,999,000 X8013462

Comparables

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sold Date Address List Price sold Price DOM
2024-08 1040 Cleveland Rd, $245,000 $200,000 53
2024-08 291 Finns Bay Rd, $195,000 $170,000 54
2024-06 102A Hammond Rd, $320,000 $353,000 8
2024-05 3799 County Road 21, $229,900 $220,000 94
2024-04 Lot 50 Bayview Dr, $139,000 $119,000 48
2024-04 Lot 3 Tangamong Rd E, $349,900 $325,000 156
2024-04 Lot 6&7 Stevens St, $114,500 $103,000 129
2024-03 00 Lower Craigmont Rd, Lot $269,900 $250,000 36
2024-03 0 Lot 5 Mother Barnes Rd, $89,000 $70,000 160
2024-03 000 Ackroyd Lane N, $150,000 $115,000 201
2024-02 253 West St W, $2,000,000 $2,000,000 158
2024-02 247 West St W, $2,000,002 $2,000,000 158
2024-02 1008 Bunker Lane, $230,000 $207,000 46
2024-02 891 Simmons Rd, $524,900 $500,000 122
2024-01 0 Lot 4 Mother Barnes Rd, $93,000 $70,000 97

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 6060 Young St

Based on available 3rd party data

$68098

Approximate costs per month

Mortgage
$67813 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$150 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker SUTTON GROUP-ADMIRAL REALTY INC.
Data Source: TRREB

Payment calculator

$67963 monthly. In association with: TD Bank
%
  • Principal and Interest
    67813 /mo
  • Property Taxes
    $150 /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

Emmalay Rattana, Realtor

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