6863 Fifth
6863 Fifth photo 2
6863 Fifth photo 3
$15,800,000

6863 Fifth

New Tecumseth, Ontario, L0G1W0

Active
0
Bedrooms
0
Bathrooms
0
Parking

About This Property

This 0-bedroom, 0-bathroom agriculture in New Tecumseth is available for your consideration. The home features not known, other heating, a none basement.

MLS Remarks

Exceptional Power of Sale opportunity to acquire a combined 99.62 acres of contiguous, largely vacant land with frontage on the south side of 5th Line, steps from Tottenham. Ideally situated between the edge of the Tottenham urban boundary and Woodington Lake, these parcels offer prime exposure and growth positioning in one of Simcoe Countys fastest-growing communities. Immediate proximity to the western border of Tottenham places the site just 600 metres from urban amenities, Coventry Park, and Woodington Lake Golf Club. Rapid regional highway access enhances connectivity for future development and investment appeal. Official Plan designations include Rural, Environmental Protection, Oak Ridges Moraine Countryside and Natural Linkage Areas. Zoning supports agricultural, residential, conservation, limited commercial/industrial, and institutional use, with agri-tourism potential. Municipal water and sewer services are nearby; the majority of the land is unimproved except for one single-family residence. A unique offering as as is, where is, under Power of Sale, presenting exceptional land banking and future development prospects in a robust growth corridor. (id:60351)

Overview

Property Typeresidential
Sub-Typeagriculture
StatusActive
MLS #N12431375

Interior

HeatingNot known, Other
BasementNone

Parking

Total Spaces0

Fees & Taxes

Annual Taxes$4,198 (2024)

Listing Information

MLS#: N12431375


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

$
$3,160,000
5%20%50%
Estimated Monthly Payment
$70,257
/month
Mortgage
$12,640,000
Total Interest
$8,437,168

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

Land Transfer Tax

$
Ontario LTT$381,475
Total Due on Closing$381,475

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

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