8 Mostar Court, Springwater, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Midhurst. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $999,000 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 73.51 x 796 ft lot size
Description
PRESENTING over 40 acres of vacant land in the Midhurst community of Springwater. This offering combines an 11.83 acre parcel at 8 Mostar Court with 28.64 acres of adjoining land (Pt 1, 3 CON 2 W PT LOT 15 RD 274; Springwater). Maximizing privacy and acreage, this landholding is situated in one of Simcoe County's most desirable and rapidly developing areas. The property is surrounded by established upscale communities, new residential construction projects, and premium recreational amenities. ZONING - 8 Mostar Court is zoned Open Space (OS). ZONING - Concession 3 is zoned predominantly Agricultural (A) with small Environmental Protection (EP) pockets. PERMITTED USES - 8 Mostar Court: Residential building permissions are not currently in place. Any future change in land use, development, or structural placement would require formal applications, approvals, and compliance with the Township of Springwater municipal guidelines. Current permitted uses are governed by standard Open Space (OS) zoning guidelines. PERMITTED USES - Concession 3: Permitted uses are governed by Springwater Zoning By-law 5000 for Agricultural (A) lands. POTENTIAL USES include field crops, cash-cropping, market gardens, pasturage, or livestock/equestrian uses. Per Springwater By-law 5000-378, Section 3 allows agricultural lands to house industrial shipping containers for non-permanent accessory storage. DEVELOPER INTEGRATION POTENTIAL: The lands are positioned to potentially fulfill dedicated green space, conservation, or environmental offset requirements for surrounding master-planned residential projects, strictly subject to municipal planning approvals. IDEAL FOR BUYERS seeking vast open space for private trail networks, horse-boarding, and outdoor hobbies - AND - for buyers looking to acquire large land acreage at an accessible entry price point. This acreage balances rural privacy with exceptional proximity to established upscale communities and premier four-season recreational amenities.
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Property Summary
This vacant land located at 8 Mostar Court, Springwater is currently for sale and has been available on SousaSells for 16 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 8 Mostar Court, Springwater is in the Midhurst neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Midhurst, Springwater.
- •Desirable Vacant Land architecture in Midhurst, Springwater
First-time home buyers, professionals, or investors seeking value.
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Frequently Asked Questions about 8 Mostar Court, Springwater, ON
Q.What is the asking price for 8 Mostar Court, Springwater, ON ?
The current listing price for 8 Mostar Court, Springwater, ON in Midhurst, Springwater is $999,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 8 Mostar Court, Springwater, ON ?
8 Mostar Court, Springwater, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 8 Mostar Court, Springwater, ON L9X 0M5
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About Purchasing a Home in Springwater, ON
For a property listed at $999,000 in Springwater, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.
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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.