296 Metro Road, Georgina, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Historic Lakeshore Communities. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $150,000 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 104.23 x 135.87 ft lot size
- Efficient forced air heating via gas
Description
ATTN: BUILDERS, CONTRACTORS, INVESTORS! Rare severed lot steps from Lake Simcoe with services available at the lot line. This property offers flexible development potential including custom homes, ADU possibilities, multi-generational housing, or large workshop/home occupation opportunities. Located close to schools, transit, shopping, golf club, and just 10 minutes to 404 access. Engineering drawings, surveys, and servicing details can be provided to serious & qualified buyers. Seller may consider a Vendor Take-Back Mortgage (VTB). Don't miss this opportunity for development or investment in a prime location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 296 Metro Road N, Georgina, ON L4P 3C8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Georgina, ON
For a property listed at $150,000 in Georgina, the legal minimum down payment is $7,500 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 $1,225 for this transaction. As this listing is in Georgina (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,225.
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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.