0 Rock Street, Somerville
Price
$349,000
BedroomsNot listed
BathroomsNot listed
Size< 700 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$1700
Maintenance FeesNot listed
Description
BUILD. INVEST. Grow. Rare Development Opportunity in the heart of Fenelon Falls! This premium 1-acre freehold lot offers outstanding potential with preliminary support for severing into 4 residential lots, each measuring 66 ft x 165 ft (approx.). Potential also exists to develop up to 7 townhomes (subject to approvals). Located within the urban boundary, with access to future municipal water/sewer services. Zoned R1-H (Residential Type One Holding). Pre-consultation completed with the City of Kawartha Lakes. Ideal for builders and investors seeking to create value in a growing lakeside community.
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The Property Location
Mortgage Calculator
Total Monthly Payment
$1,396 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$279,200
Total Interest Payments
$172,144
Total Payment (Principal + Interest)
$451,344
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
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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.
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