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16 Ontoro Boulevard, South East

Price

$1,600,000

Bedrooms2 Beds

Bathrooms1 Baths

Size700-1100 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$7039.11

Maintenance FeesNot listed

Description

Rare Lakefront Development Opportunity On Lake Ontario! Situated On An Exclusive, Dead-End Street, This Stunning 50x125 Ft Waterfront Lot Offers An Exceptional Chance To Build Your Dream Home With Unobstructed Views Of The Lake. Whether Youre A Developer, Builder, Or An End User Seeking An Unparalleled Location, This Is A Unique Offering Not Often Available. The Property Currently Features A Recently Updated 2-Bedroom, 1-Bathroom Bungalow, Making It Ideal To Live In Or Rent Out While You Finalize Plans And Secure Building Permits. Tasteful Updates Throughout The Home Offer Comfortable, Modern Living In The Interim, Or A Ready-To-Go Income Opportunity. Enjoy Breathtaking Sunrises & Peaceful Surroundings In One Of The Most Sought-After And Private Lakefront Pockets. A Truly Rare Chance To Own Premium Land Right On Lake Ontario. Let Your Vision Take Shape In A Setting That Simply Cannot Be Replicated. See Neighbours Property To The East For Inspiration !

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$6,335 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,280,000

Total Interest Payments

$789,198

Total Payment (Principal + Interest)

$2,069,198

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

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.

Let's Find Your Dream Home Together