Property
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$160,000

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Greater Sudbury, Ontario, P3Y1M8

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Description

If you’re currently on city utilities, your neighbours can turn their house into a fourplex right beside you. It’s called “Fourth Unit As-Of-Right” as a new by-law in Sudbury. However, if you build your dream home in the Villas at Twelfth Avenue, your neighbour can’t do that and your investment is protected. This Vacant Lot Condo development is precisely the spot to spend your hard-earned money and ensure your new home isn’t surrounded by rentals with cars cluttering the street or parked on lawns next door. This lot is almost a 1/4 of an acre that includes a portion of the community pond creating a moving, living picture to watch from your windows! Backing on to protected community space, this lot offers tremendous privacy and a unique opportunity to incorporate nature into your design. The options are endless – do a slab-on-grade bungalow, put in that basement with wine cellar and games room or build that two-story duplex for the kids and grandkids to join you with the attached garage for a snowless start to the mornings and a detached garage for the toys. IMPORTANT – Seller is offering a $25,000 discount off the next lot sold, closed and construction beginning this Spring and $10,000 of the next lot afterwards sold under the same conditions. With far smaller lots in Sudbury area going for $80K-100K more than this, what could you possibly be waiting for? Grab your favourite builder and let’s turn that dream into reality. (id:60351)

Overview

Property Typeresidential
Sub-Typevacant land
StatusActive
MLS #2126133

Listing Information

MLS#: 2126133


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$32,000
5%20%50%
Estimated Monthly Payment
$711
/month
Mortgage
$128,000
Total Interest
$85,440

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$1,325
Total Due on Closing$1,325

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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