142 Rexway Drive, Halton Hills, ON

$1,000,000
MLS#:W9035354
0 beds
0 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Georgetown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,000,000 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 58.09 x 184.7 ft lot size
  • 0.0 total parking spaces available
  • Notable attributes: Other

Description

Perfect building lot in a prime area of Georgetown overlooking beautiful forest and conservation land. Nestled between gorgeous custom built homes, this piece of land is waiting for your dream home to be built (site plan shows a possible building footprint of up to 5900 sqft above grade). Just a short walk to schools, walking trails, shopping, and restaurants. 5 minutes to the Go-Train and 10 minutes to Highway 401 for commuters! - Land on this street doesn't come often!

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Property Summary

This vacant land located at 142 Rexway Drive, Halton Hills is currently for sale and has been available on SousaSells for 733 days. This property is listed at $1,000,000 with an estimated mortgage of $3,329* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 142 Rexway Drive, Halton Hills is in the Georgetown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 6, 2024
Sold price information is available to members only
Listed Date7/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size58.09 × 184.7 Feet
CountyHalton
Annual Tax$2,711
Legal DescriptionPLAN 618 PT BLK F PT LOTS 391 AND 392 RP 20R22009*

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Features

Property Features

Interior Features

Other

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Community Features

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Location

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142 Rexway Drive, Halton Hills, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 142 Rexway Drive, Halton Hills, ON L7G 1R7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Halton Hills.

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Interest Rate4.00%
Down Payment$300,000 (30.0%)
* Minimum Canadian down payment required for this price is $200,000.
Amortization Period30 Years
Estimated Monthly Payment$3,329Based on a loan of $700,000 over 30 years.
Purchase Price$1,000,000
Loan Amount$700,000
Provincial Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$16,475

About Purchasing a Home in Halton Hills, ON

For a property listed at $1,000,000 in Halton Hills, the legal minimum down payment is $200,000 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 $16,475 for this transaction. As this listing is in Halton Hills (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Georgetown, Halton Hills.

Verified Local Data
City Population62,953
City Median Age40.8 Yrs
City Ownership85% Owners
Avg Area List Price$1,145,930

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
28%
Other households
4%

Top Ethnic Origins

English30%
Canadian28%
Scottish22%
Irish21%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied85%
Rented15%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.