This lot in Brant is for sale.

Description

This noteworthy 14.87-acre parcel of level land is located within the development area of Mt. Pleasant and is designated for single-family residential development with water and gas at the lot line. The sale of the property is contingent upon the seller completing the necessary consent to subdivide the corner property, which currently contains two existing houses. Following approval, 2.87 acres will be poised to advance with a draft plan of subdivision, which aims to create more than eight (8) spacious single-family residential lots, each comprising 1,000 square meters and featuring a frontage of 20 meters. The remaining 12 acres are classified as Community Lands, intended for future development projects. (id:66096)

Property Details

MLS®: X12759488
Property Type: Vacant Land
Zoning: VRI, PAH
Bathrooms: 0
Lot Size: 608 × 1285 ft (17.93 acres)
Frontage: 608 ft
Property Tax: $6,283/yr
Listed: 273 days ago

Features

Lot Features: Irregular lot size

Services

Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

273d

Brant (Brantford Twp) listings, avg age

112d

List price

$4M

Haho

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Listed by Sutton Group Select Realty Inc Brokerage · Alister MacLean

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0E)

This home lists at $4,000,000, about 43.5× the local median household income of $92,000.

Carrying it typically needs a household income of about $781,340 (20% down, 25-yr amortization, stress-tested) — roughly 749% above the area median.

Median household income: $92,000
Population: 36,557
Median age: 46
Owner / renter: 88% / 12%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0E)

$4,000,000

For sale

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639-641 Mt Pleasant Road, Brant (Brantford Twp) - Vacant Land for Sale