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For saleMLS® 40866587

211 Thompson Road W

Waterford, N0E 1Y0

$1,099,999

Lot
2.6 acres
Type
Land

About this home

Exceptional Development Opportunity in Waterford! 6 acres of land with approximately 144 feet of frontage and 524 feet of depth, offering a multitude of possibilities. Zoned for development and ideally located near major routes and local amenities, this property presents an exciting opportunity for builders, developers, and investors.

A preliminary concept plan is available, providing a starting point for exploring the site's potential. With municipal hydro, natural gas, and waste-water solutions available, this is a rare opportunity to secure a substantial development parcel in a growing Norfolk community.

Property details

Property type
Vacant Land
Ownership
Freehold
Property taxes
$2,764
Water
Well
Lot
2.6 acres
Zoning
D
Time on market
23 days on market
MLS® number
40866587

Features

The lot

  • Rural
  • Irregular Lot

Location

Thinking about the area? Read our guide to living in Waterford.

Estimate your payment

20% down. The minimum on this price is $85,000.

Your monthly payment

$4,871

Mortgage amount
$879,999
Interest over the amortization
$581,168

An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.

Ontario land transfer tax

How the tax adds up

Ontario land transfer tax by bracket
$0 to $55,0000.5%$275.00
$55,000 to $250,0001.0%$1,950.00
$250,000 to $400,0001.5%$2,250.00
$400,000 to $1,099,9992.0%$13,999.98

Ontario land transfer tax

$18,475

Tax before any refund
$18,474.98
You pay on closing
$18,474.98

For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.

Listed by Tobias Richard Smulders, RE/MAX Escarpment Realty Inc..

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40866587.

Listing content protected by copyright and licensed by Information Technology Systems Ontario. Information is deemed reliable but is not guaranteed accurate by ITSO. Measurements are deemed reliable but not guaranteed.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The Brolly Group is a team of REALTORS® with RE/MAX Twin City Realty Inc., Brokerage. Each office independently owned and operated.

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