981 PELHAM Street, Pelham, ON
Property no longer active
This property was sold on February 3, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Unknown vacant land located in the coveted neighborhood of 662 - Fonthill. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $8,999,900 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
- Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available with a convenient unknown configuration
- Notable attributes: Unknown
- equipped with unknown central cooling and highly efficient unknown heating via unknown
Description
Attention Developers!! Prime land for sale in Fonthill within the Urban Boundary. 10 acres stretching from Pelham St to Clare Ave. Preliminary drawings are available, options include a total of 117 units or 94 units ( mix of singles, street towns, semi detached). VTB will be considered. The zoning is currently agricultural although it is designated for development in the official plan for the Region and a secondary plan is now in the works by the Town of Pelham. Subdivision application would follow
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Property Summary
This vacant land located at 981 PELHAM Street, Pelham is currently for sale and has been available on SousaSells for 622 days. This property is listed at $8,999,900 with an estimated mortgage of $29,957* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 981 PELHAM Street, Pelham is in the 662 - Fonthill neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 981 PELHAM Street, Pelham, ON L3C 3E2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Pelham, ON
For a property listed at $8,999,900 in Pelham, the legal minimum down payment is $1,799,980 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 $211,473 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 $211,473.
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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.