5601 Ravenshoe Road, East Gwillimbury, ON

$174,900
MLS#:N9039631
0 beds
0 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Rural East Gwillimbury. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $174,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 66 x 155 ft lot size
  • 0.0 total parking spaces available
  • Notable attributes: None

Description

Pristine untouched land - A spacious 66' x 155' building lot located in Brown Hill. Several New Builds in the area. Close proximity to amenities. Golf Course. Minutes to Hwy48, and just 10 minute drive to the 404 for an easy commute to Toronto. Don't miss this opportunity to build something special! The subject lands are zoned Hamlet Residential(HR) zone. A single detached dwelling is permitted as of right in the zoning subject to the regulations of the HR zone (setback, lot coverage, etc.). ***the entire lot is also with LSRCA regulated lands - buyer to perform due diligence with the LSRCA/interested parties would also need to reach out to them to inquire for a permit. **EXTRAS** Buyer(S) to conduct own due diligence. Please do not walk the property without an appointment.

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Property Summary

This vacant land located at 5601 Ravenshoe Road, East Gwillimbury is currently for sale and has been available on SousaSells for 733 days. This property is listed at $174,900 with an estimated mortgage of $582* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5601 Ravenshoe Road, East Gwillimbury is in the Rural East Gwillimbury neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
BasementNone
Lot Size66 × 155 Feet
CountyYork
Annual Tax$3,095
Legal DescriptionLT 7 PL 65 EAST GWILLIMBURY EXCEPT A57980A ; EAST GWILLIMBURY

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

CoolingNone

Features

Property Features

Golf, Greenbelt/Conservation, Level

Interior Features

None

Security Features

Community Features

Location

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5601 Ravenshoe Road, East Gwillimbury, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5601 Ravenshoe Road, East Gwillimbury, ON L0E 1R0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in East Gwillimbury.

Configure Loan Settings

Interest Rate4.00%
Down Payment$52,470 (30.0%)
* Minimum Canadian down payment required for this price is $8,745.
Amortization Period30 Years
Estimated Monthly Payment$582Based on a loan of $122,430 over 30 years.
Purchase Price$174,900
Loan Amount$122,430
Provincial Land Transfer Tax:$1,474
Total Estimated Closing Taxes:$1,474

About Purchasing a Home in East Gwillimbury, ON

For a property listed at $174,900 in East Gwillimbury, the legal minimum down payment is $8,745 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,474 for this transaction. As this listing is in East Gwillimbury (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,474.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural East Gwillimbury, East Gwillimbury.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,923,304

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.