Homula Realty Brokerage
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3211 Main Street, Alfred and Plantagenet, ON K0A 3K0

Vacant Land
$799,900
Property tax
$2,095 / year

This premium waterfront lot offers exceptional development potential with approved zoning for up to 10 residential units. Fully serviced with municipal water and sewer, this rare feature adds tremendous value and convenience. Included in the sale are a complete set of professional documents to streamline your project: Survey Plan, Civil Plan, Slope Stability Report, Stormwater Management Report and Servicing Brief, Erosion and Sediment Control Plan, as well as architectural renderings and plans for a 10-unit residential build. Whether you're planning luxury condominiums or upscale rentals, this lot offers a scenic setting, small-town charm, and significant development head start. Opportunities like this are few and far between, secure this exceptional waterfront investment today.

MLS number
X13706098
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0A 3K0
Photos
11
Laundry
Not in the unit
19days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$159,980 · minimum here is $54,990
$3,541.78per month
Borrowed before insurance$639,920
Total borrowed$639,920
Interest over 25 years at 4.5%$422,615

If you rented it out

-$3,716.37per month out of pocket
Rent$0.00
Everything it costs to hold$3,716.37
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX DELTA REALTY. Listing data provided by the Toronto Regional Real Estate Board.