2505 Midlothian Road, Ryerson, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Ryerson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $70,000 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 1260 x 216 ft lot size
Description
This 2.57-acre property offers over 1,300 feet of direct frontage on Midlothian Road and is zoned Rural, allowing for a variety of permitted uses, including single-family residential development and a range of commercial opportunities.Located just 800 metres from Crown land and the Ryerson Township Conservation Reserve, the property provides easy access to thousands of acres of recreational land. A culvert and driveway have recently been installed, with the driveway entrance located at 45.593112, -79.600339.Surrounded by a beautiful mixed forest of hardwoods and softwoods, this area is ideal for outdoor enthusiasts. Nearby lakes offer excellent fishing, while Parry Sound is home to 10 volunteer snowmobile clubs that maintain an extensive trail network spanning more than 1,100 kilometres. Please note: the property was previously 2640 Midlothian Road and has recently changed to 2505 Midlothian Rd.
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Property Summary
This vacant land located at 2505 Midlothian Road, Ryerson is currently for sale and has been available on SousaSells for 2 days. This property is listed at $70,000 with an estimated mortgage of $233* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 2505 Midlothian Road, Ryerson is in the Ryerson neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ryerson, Ryerson.
- •Desirable Vacant Land architecture in Ryerson, Ryerson
First-time home buyers, professionals, or investors seeking value.
Key Features
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Property Details
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Features
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Frequently Asked Questions about 2505 Midlothian Road, Ryerson, ON
Q.What is the asking price for 2505 Midlothian Road, Ryerson, ON ?
The current listing price for 2505 Midlothian Road, Ryerson, ON in Ryerson, Ryerson is $70,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 2505 Midlothian Road, Ryerson, ON ?
2505 Midlothian Road, Ryerson, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 2505 Midlothian Road, Ryerson, ON P0A 1P0
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About Purchasing a Home in Ryerson, ON
For a property listed at $70,000 in Ryerson, the legal minimum down payment is $3,500 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 $425 for this transaction. As this listing is in Ryerson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $425.
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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.