Welcome to this remarkable land located in the coveted neighborhood of 664 - Fenwick. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $12,499,000 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.
Rare development opportunity in the heart of Fenwick, one of Pelham's fastest-growing communities. This 12.18-acre parcel is accompanied by an ADDITIONAL PIN 640300475 1 acre as per MPAC. Both are strategically positioned within an established residential area, surrounded by successful developments and inline to benefit from the continued growth of the Niagara Region. 1237 Maple St (PIN 640300907) property features a pre-approved development plan consisting of 28 single-detached lots, 36 townhouse lots, 8 street townhouse lots, plus approximately 24 additional townhouse lots on the remaining lands, offering outstanding potential for a well-designed residential community. With Residential zoning in place, the property presents exceptional opportunities for residential development, with potential for a thoughtfully planned subdivision or other permitted residential uses, subject to applicable approvals. With approximately 170.96 feet of frontage and 356.00 feet of depth, the site is fully serviced with municipal water, sanitary sewer, and storm sewer infrastructure, significantly enhancing development efficiency and reducing upfront servicing costs. Pelham continues to experience strong residential growth, driven by expanding infrastructure, increasing housing demand, and its desirable small-town charm with easy access to major urban centres throughout the Niagara Region. Opportunities of this size, location, and development readiness are becoming increasingly scarce. Buyer and Buyer's Representative are advised to verify all development potential, permitted uses, approvals, and complete their own due diligence for their intended use.
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Data-driven valuation for 1237 Maple Street, Pelham, ON L0S 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Pelham.
About Purchasing a Home in Pelham, ON
For a property listed at $12,499,000 in Pelham, the legal minimum down payment is $2,499,800 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 $298,950 for this transaction. As this listing is in Pelham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $298,950.
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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.