121 Feairs Drive, Southgate, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Southgate. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $265,000 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 63.453 x 75.763 ft lot size
Description
Build your dream home on this nearly 1-acre, build-ready country lot, located on a quiet cul-de-sac just 100 metres off Grey Road 14, a well-maintained County road with excellent year-round accessibility. This property offers the perfect balance of rural privacy and modern convenience, with less than five minutes to Highway 89, ten minutes to Mount Forest, and twenty minutes to Shelburne. Building and septic permits have already been approved for a pre-approved spec build (development fees not paid) or building permits can be obtained allowing you to move forward immediately with a custom home. The lot features natural elevation for ideal drainage, ample topsoil, and excellent potential for groundwater access, with an estimated well depth of only 100 feet. Soil sampling has been complete and a road entrance has already been installed. The parcel backs onto open agricultural land, ensuring permanent privacy with no rear neighbours. Zoned to allow a primary dwelling plus accessory buildings such as a garage, workshop, or shed, this lot offers space and flexibility to create the rural lifestyle you've been dreaming of. A reputable local builder is available to assist with permits and construction, making your building process that much easier. Don't miss this rare opportunity to own a prime piece of country land that's ready to go.
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Property Summary
This vacant land located at 121 Feairs Drive, Southgate is currently for sale and has been available on SousaSells for 296 days. This property is listed at $265,000 with an estimated mortgage of $882* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 121 Feairs Drive, Southgate is in the Southgate neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 121 Feairs Drive, Southgate, ON N0G 1N0
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 Southgate, ON
For a property listed at $265,000 in Southgate, the legal minimum down payment is $13,250 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 $2,450 for this transaction. As this listing is in Southgate (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,450.
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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.