0 Main Street, Kearney, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Kearney. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,600,000 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 99 x 607.46 ft lot size
- Notable attributes: Other
Description
Great Opportunity for Builders, Developers, & Investors! Located just 15 minutes north of Huntsville, here's your chance to acquire development site on Kearney's Main Street, totaling approximately 4.96 acres. Seller has obtained an approved Development Concept! Don't miss this amazing opportunity to build 40 Townhouse Units with the possibility of either Freehold or Condominium. This property is nestled among lush trees provides easy access to Perry Lake (within walking distance). This ideal location is close to some of the best ATV and OFSC trails, local restaurants and pubs, the LCBO, a general store, and more. Within a few moments to bird-watching trails, a public boat launch and beach just minutes away in either direction. Also enjoy access to three points of Algonquin Park. This is a fantastic investment opportunity and one of the last available residential-zoned lots in Kearney's downtown core. Attached you'll find the development concept showing the potential for 40 units, with a prime location directly across from Perry Lake. Vendor will consider V.T.B. with O.A.C. Vendor may consider assisting with building units. In addition, all municipal, application fees, process fees, approvals and development charges are the responsibility of the Buyer. Please note Main Street was previously known as Emily Street, and Regent Street was previously known as Shaw Street.
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Property Summary
This vacant land located at 0 Main Street, Kearney is currently for sale and has been available on SousaSells for 621 days. This property is listed at $1,600,000 with an estimated mortgage of $5,326* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 Main Street, Kearney is in the Kearney neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 0 Main Street, Kearney, ON P0A 1M0
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 Kearney, ON
For a property listed at $1,600,000 in Kearney, the legal minimum down payment is $320,000 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 $28,475 for this transaction. As this listing is in Kearney (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $28,475.
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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.