Price
$10,000,000
BedroomsNot listed
BathroomsNot listed
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Year BuiltNot listed
Property TypeHouse
Property TaxesNot listed
Maintenance FeesNot listed
APPROXIMATELY 504 ACRES COMPRISED OF SIX PROPERTIES, SOLD UNDER POWER OF SALE. The property is currently zoned A1 Agricultural. Pursuant to meeting minutes dated March 6,2024 with the City of Kawartha Lakes Planning Advisory CommitteeMeeting, a development application was made and heard at a public meeting. The proposal was to amend zoning to varying degrees of site specific zones that would permit the following Draft Plan of Subdivision on approx. 160 acres: 427 Single Family Detached Dwellings; 242 Street Townhouse Dwellings; 1 mixed use block; three medium density residential blocks for a total of 894 residential dwelling unitsThe Vendor makes no representations or warranties, the Purchaser and Purachser's agents to do their own Due Diligence. ADDITIONAL PIN#SPIN 631480191Legal Description: PT LT 22 CON 11 FENELON PT 1 57R9815; CITY OF KAWARTHA LAKES PIN 631480087Legal Description: PT W PT LT 23 CON 11 FENELON AS IN R314468; S/T R314467; S/TVT72464 CITY OF KAWARTHA LAKES.
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Contact MeTotal Monthly Payment
$35,924 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$8,000,000
Total Interest Payments
$4,932,488
Total Payment (Principal + Interest)
$12,932,488
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
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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