Elmvale · L0L 1P0
$740,000
5 months on market
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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 48% of comparable vacant land listings in Springwater are asking less.
Based on 29 comparable active vacant land listings in Springwater. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $740,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REAL ONE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.