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Vacant LandListed 194 days ago

$740,000

25 Yonge Street N, Springwater, ON L0L 1P0

Elmvale · Springwater · L0L 1P0

Listing brokerage: REAL ONE REALTY INC.

Beds
Studio
Baths
0

Monthly costs

Property taxes

$267/mo

$3,200 a year (2025)

The home

Lot size
64 × 200 ft
Parking
-
Faces
East
Possession
Immediate possession available

About this home

Rare development opportunity with municipal approvals in place. The property is zoned R3-13 Residential and has received planning approval for the development of up to 10 residential units (two-bedroom units).Ideally located in the heart of Elmvale, within close proximity to schools, retail amenities, and community services. The property benefits from full municipal services, including water, sewer, hydro, and road access. Lot size is approximately 13,000 sq ft. A great opportunity for builders and investors to proceed with a development project while saving significant time on the planning and approval process. Buyer to verify all information, zoning, and approvals. Vendor Take-Back Financing Available.

All details12 more from the listing · Interior, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
Studio
Bathrooms
0
Kitchens
0
Rooms
0

Utilities

Sewer
Sewer

Taxes & Fees

HST
In Addition To

Listing

MLS® number
S12956300
Type
Vacant Land
Transaction
For Sale
Neighbourhood
Elmvale
Cross streets
Yonge St N And County Rd 92

History

Past listings and sales for this home and building.

Location

25 Yonge Street N, Springwater, ON L0L 1P0 · Near Yonge St N And County Rd 92

Monthly cost

Estimated monthly cost

$3,543/mo

Mortgage
$3,277
Property tax
$267
Down payment$148,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$161,183

$148,000 down + $13,183 to $14,433 in closing costs

Ontario land transfer tax
$11,275
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$158

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$740,000

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