25 Yonge Street N, Springwater, ON L0L 1P0

For Sale 7 days on Market MLS® S12956300

Asking Price

$740,000

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25 Yonge Street N, Springwater, ON L0L 1P0

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Overview

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Rare development opportunity with municipal approvals in place. The property is zoned R3-13 Residential and has received planning approval for the development of up to 10 residential units (two-bedroom units).Ideally located in the heart of Elmvale, within close proximity to schools, retail amenities, and community services. The property benefits from full municipal services, including water, sewer, hydro, and road access. Lot size is approximately 13,000 sq ft. A great opportunity for builders and investors to proceed with a development project while saving significant time on the planning and approval process. Buyer to verify all information, zoning, and approvals. Vendor Take-Back Financing Available.

Lot Size

0.3 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CitySpringwater

Postal CodeL0L1P0

Lot Dimensions63.98 × 200.00 ft

Exterior & Land

Sewer: Sewer

Utilities & Services

Heat SourceWell

SewerSewer

Financial Information

List Price$740,000

Annual Taxes$3,200 (2025)

Days on Market7

MLS® S12956300 • Listed by REAL ONE REALTY INC.

25 Yonge Street N, Springwater, ON L0L 1P0

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Purchase Calculator

Home Price

$740,000.00

Location

Down Payment

$155,400.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

25 Yonge Street N, Springwater, ON L0L 1P0

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