25 Yonge Street, Springwater (Elmvale), Ontario, L0L1P0
No similar listings for sale right now.
$740,000
Springwater
This lot in Springwater is for sale.
Rare development opportunity with municipal approvals in place. The property is zoned R3-13 Residential and has received planning approval for the development of up to 10 residential units (two-bedroom units).Ideally located in the heart of Elmvale, within close proximity to schools, retail amenities, and community services. The property benefits from full municipal services, including water, sewer, hydro, and road access. Lot size is approximately 13,000 sq ft. A great opportunity for builders and investors to proceed with a development project while saving significant time on the planning and approval process. Buyer to verify all information, zoning, and approvals. Vendor Take-Back Financing Available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 215 days on market, against an average age of 77 days across the listings currently for sale in this city
This vacant land in Springwater (Elmvale) 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 $740,000, about 7.0× the local median household income of $106,000.
Carrying it typically needs a household income of about $144,548 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0L)
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