Welcome to this remarkable vacant land located in the coveted neighborhood of 662 - Fonthill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,174,700 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.
A truly rare offering in the heart of Fonthill's established residential core, this premium serviced land parcel presents an immediate and flexible development opportunity in a location where unique inventory is becoming limited. Positioned on a mature, well-regarded street close to schools, parks, and everyday conveniences, the site is already approved and fully serviced for three executive FREEHOLD bungalow townhomes, each designed with an exceptional 55-foot frontage and double garages that is virtually unheard of in today's market. With municipal approvals already completed, tree clearances completed , and water and sewer services completed, this project eliminates the long typical delays, uncertainty, and significant holding costs associated with raw land development. Whether you proceed with the approved luxury bungalow townhome concept, redesign the parcel to suit your own vision, or explore intensification potential into 3 separate lots, more townhome units, or possibly even an apartment building complex, this parcel offers remarkable versatility and immediate build readiness. Architectural and grading plans are available, and the Seller can support a seamless transition into construction with access to experienced builders, architects, and project management resources, positioning this as a standout, turn-key development opportunity in one of Niagara's most consistently in-demand communities.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1307 Haist Street, Pelham, ON L0S 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Pelham.
About Purchasing a Home in Pelham, ON
For a property listed at $1,174,700 in Pelham, the legal minimum down payment is $234,940 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 $19,969 for this transaction. As this listing is in Pelham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,969.
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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.