5900 Main Street, Orono
Price
$9,999,000
Bedrooms5 Beds
Bathrooms4 Baths
Size3000-3500 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$7020.86
Maintenance FeesNot listed
Description
Welcome to a rare opportunity in the heart of Orono, where prime developmental land awaits your vision. Nestled minutes away from Highways 115 and 407, this expansive parcel spans over 29 acres of potential. Boasting a strategic location and desirable features, this property presents a rare chance for developers and investors to make their mark. At the heart of this offering lies approximately 12 acres within the urban boundary, 8 Acres Currently Zoned R-1 fronting on Main St and can be serviced by municipal water installed in 2018. The sandy soil composition of the land is ideal for septic systems, ensuring ease of development. The flat lay of the land provides a versatile foundation for realizing your vision. Attached is a draft for the potential severance of 11 acres, further expanding the canvas for your development ambitions. Don't miss out on this rare chance to secure a piece of Orono's future.
Property Dimensions
Main Level
Kitchen
Dimensions
7.68' × 6.3'
Features
All Rooms
Kitchen
Dimensions
7.68' × 6.3'
Features
Have questions about this property?
Contact MeSale history for
Sign in to view property history
The Property Location
Mortgage Calculator
Total Monthly Payment
$36,506 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$7,999,200
Total Interest Payments
$4,931,994
Total Payment (Principal + Interest)
$12,931,194
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Jess Whitehead
Sales Representative
Meet Jess Whitehead
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
Scugog
A scenic township encompassing rural communities, agricultural lands, and beautiful waterfront properties around Lake Scugog
Explore Today
Uxbridge
Known as the Trail Capital of Canada, featuring extensive hiking networks, historic downtown, and strong arts community
Explore Today
Oshawa
A dynamic city combining industrial heritage with modern amenities, featuring universities, shopping centers, and waterfront trails
Explore Today
Whitby
A growing community with historic downtown, modern amenities, and beautiful harbor front, perfect for families and professionals
Explore Today
Ajax
A diverse waterfront community offering modern amenities, extensive recreational facilities, and excellent transportation links
Explore Today
Pickering
A vibrant city featuring waterfront trails, conservation areas, and diverse neighborhoods with easy access to Toronto
Explore Today
Clarington
A peaceful rural city known for its friendly atmosphere, agricultural heritage, and tight-knit community spirit
Explore Today
Kawartha Lakes
A picturesque waterfront region featuring over 250 lakes, known for its outdoor recreation, scenic beauty, and welcoming small-town charm
Explore Today