4 GODERICH Street, Huron East, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Seaforth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $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.
- 0 Bedrooms and 0 Bathrooms
- Premium 198 x 111 ft lot size
Description
Premium development opportunity in a prime commercial location on a bustling main thoroughfare. The 196.68-foot frontage on HWY 8 offers high visibility and accessibility. This versatile site, zoned C4-C6, invites a range of possibilities, including commercial, residential, or mixed-use developments. Ideal for a 3 to 4-story building with commercial on the main floor and residential or motel above. Alternatively, consider a one-story varied mini-mall with retail and fast food outlets or a single use. . Environmental phase 1 and part of phase 2 assessments have been completed, with minor remediation needs dependent on the final development plan. The owner is open to negotiating the sale details based on the project requirements. Seize this exceptional investment opportunity today! Some building photos are an AI rendition and are not necessarily to scale.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4 GODERICH Street E, Huron East, ON N0K 1W0
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About Purchasing a Home in Huron East, ON
For a property listed at $499,000 in Huron East, the legal minimum down payment is $24,950 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 $6,455 for this transaction. As this listing is in Huron East (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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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.