Description

Exceptional Investment Opportunity in Milton! Situated adjacent to the planned Milton Education Village, this expansive 11.86-acre parcel offers an impressive 675.7 feet of frontage and is currently zoned Agricultural. Offering the opportunity to build your dream home, subject to applicable municipal approvals and zoning requirements, this remarkable property combines the appeal of a spacious country estate with long-term investment potential.Ideally located south of Derry Road, west of Tremaine Road, and north of Britannia Road, the property is also in close proximity to the scenic Niagara Escarpment.The Milton Education Village is envisioned as a vibrant, mixed-use community featuring post-secondary education, residential development, employment opportunities, and amenities. With its strategic location in one of Milton's evolving growth areas, this property presents an exciting opportunity for investors, individuals looking to build a custom residence, or those seeking to secure a substantial landholding in a desirable location.For GPS directions: Enter 6500 Bell School Line, Milton. The property is located directly across the road, on the east side of Bell School Line. (id:66096)

Market Timing

Days on market

Milton listings, avg age

63d

List price

$2.30M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (L9T)

This home lists at $2,300,000, about 18.3× the local median household income of $126,000.

Carrying it typically needs a household income of about $449,271 (20% down, 25-yr amortization, stress-tested) — roughly 257% above the area median.

Median household income: $126,000
Population: 110,956
Median age: 36.4
Owner / renter: 83% / 17%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L9T)

$2,300,000

For sale

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Financing

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00 Bell School Line, Milton - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (L9T)

Book a showing

Need a commercial mortgage?