82-88 Canboro Road, Pelham, ON
Property Highlights
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 $2,590,000 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
- Spacious lot size measured in Feet
Description
Ideal for investors, developers, and builders seeking immediate cash flow and long-term growth. This offering includes three fully leased, income-producing buildings on a large parcel, with municipal approvals in place for six (6) additional building lots. A turnkey investment providing stable income today and significant development upside tomorrow. Financial statements, rent rolls, and development approvals are available to qualified buyers upon request. Rare opportunity to combine proven income with approved expansion potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 82-88 Canboro Road, Pelham, ON L0S 1E0
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About Purchasing a Home in Pelham, ON
For a property listed at $2,590,000 in Pelham, the legal minimum down payment is $518,000 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 $51,225 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 $51,225.
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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.