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For saleMLS® 40865076

38 New Lakeshore Road

Port Dover, N0A 1N3

$6,900,000

Lot
2.84 acres
Type
Land

About this home

Rare Development Opportunity in Port Dover! This amazing 2.84 Acre lot zoning allows for the construction of up to 29 units. This sought after location is within the Town boundaries and borders both New Lakeshore Road and Brown Street and is close to the lake and marina and golf course with a short walk to the beach and downtown. Port Dover is booming! Don't miss out! Call Today!

Property details

Property type
Vacant Land
Ownership
Freehold
Property taxes
$11,190
Water
Municipal
Sewer
Sewer (Municipal)
Lot
2.84 acres
Zoning
R4(H)
Time on market
45 days on market
MLS® number
40865076

Features

The lot

  • Urban
  • Irregular Lot
  • Marina
  • Lake/Pond

Location

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

Estimate your payment

20% down. The minimum on this price is $1,380,000.

Your monthly payment

$30,552

Mortgage amount
$5,520,000
Interest over the amortization
$3,645,512

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 $2,000,0002.0%$32,000.00
$2,000,000 to $6,900,0002.5%$122,500.00

Ontario land transfer tax

$158,975

Tax before any refund
$158,975.00
You pay on closing
$158,975.00

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 Darryl Swarts, RE/MAX Erie Shores Realty Inc. Brokerage.

Listing courtesy of the Cornerstone Association of REALTORS®. MLS® 40865076.

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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