105 Mill Street, Springwater (Hillsdale), Ontario, L0L1V0




$5,990,000
Springwater
This lot in Springwater is for sale offering roughly 138 sq ft of space.
The site is composed of three parcels within the Springwater Simcoe Hillsdale Secondary Plan designatedas Residential Land, identified as a Major Area in Springwater's Urban Settlement Areas. The three parcels constitute a cumulative 138.5 acres, with approximately 57 usable acres. ~70 acres of the parcel are currently being farmed. Current Secondary Plan allows 0.5 acre lot based on 100' of frontage Potential to develop up to 132 lots under current policy There is an approved proposal for a sewage treatment plant to be built by the landowners to the North of the site, creating an opportunity for increased density and to tap into future sewage infrastructure Provincial forecasts note that Simcoe County's population is expected to grow by 194,000 people by 2051, almost quadrupling in size. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 219 days on market, against an average age of 96 days across the listings currently for sale in this city
This vacant land in Springwater (Hillsdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,990,000, about 56.5× the local median household income of $106,000.
Carrying it typically needs a household income of about $1,170,057 (20% down, 25-yr amortization, stress-tested) — roughly 1004% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0L)
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