$695,000
466 LINE 2 LINE
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About this home
Build your dream home AND your dream shop! 5.9 acres being offered for sale with a section of the property zoned IR allowing for flexibility in building a small service shop or light industrial uses along side your dream home. All development charges, fees etch. are the responsibility of the buyer. Natural gas easement runs through the side of the property. Note: newly formed land boundaries for this property and taxes are roughly $2,800 per year. Seller will consider VTB with strong down payment and will consider investment property trade/exchange. (id:65958)
- Subtype
- Vacant Land
- MLS#
- S12989594
- Area
- ORO-MEDONTE
Cash on cash
-11.89%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,925
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.