00 Broadway Street, Merrickville-Wolford, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 804 - Merrickville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,200,000 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 975.77 x 971.85 ft lot size
Description
Rare 27-acre development opportunity on the east side of Merrickville, located within the urban settlement area and offering exceptional frontage on both Broadway Street and the Rideau River. With approximately 1,000 feet of frontage on Broadway Street and even greater frontage along the river, this property has the scale, visibility, access, and setting that developers look for but rarely find inside a village boundary.The land slopes naturally from Broadway Street down toward the Rideau River while sitting high above the water. Most of the property appears to be usable and developable, creating a strong opportunity for a residential lot layout with 15 or more potential building lots, subject to municipal approvals.This is not just a scenic acreage. It is a strategic land assembly inside Merrickville's urban settlement area, with road frontage, river frontage, multiple potential access points, and meaningful development upside. Buyers are to complete their own due diligence regarding zoning, servicing, subdivision potential, flood plain mapping, conservation requirements, and municipal approvals.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 00 Broadway Street E, Merrickville-Wolford, ON K0G 1N0
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About Purchasing a Home in Merrickville-Wolford, ON
For a property listed at $1,200,000 in Merrickville-Wolford, the legal minimum down payment is $240,000 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 $20,475 for this transaction. As this listing is in Merrickville-Wolford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,475.
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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.