60 Yonge Street, Springwater, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Elmvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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 100 x 400 ft lot size
Description
1 ACRE PARCEL. 24 UNIT APPROVED FOR RENTAL OR CONDO. 46 PARKING SPOTS 4 CHARGING STATIONS. SHORT WALK TO ALL AMENITIES INCLUDING DOWNTOWN ELMVALE.CLOSE PROXIMITY TO BARRIE. SITE PLAN APPROVAL @ 95%. OWNERS WILLING TO ACCEPT A VTB AS WELL AS A JV WITH A SUITABLE PARTNER. CHMC LOAN FOR BUILD HAS STARTED
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 60 Yonge Street N, Springwater, ON L0L 1P0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Springwater, ON
For a property listed at $1 in Springwater, the legal minimum down payment is $0 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 $0 for this transaction. As this listing is in Springwater (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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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.