00 O'Toole Road

1116 - Cumberland West, Orleans - Cumberland and Area, K4C 1M4

$2,999,000

0 bedrooms
0 bathrooms
< 700 sq ft

Listed 533 days ago · MLS® X12126021

About this home

Situated just minutes from Orleans, between Innes Rd and Wilhaven Drive, this 50-acre plot offers significant opportunities for investors and/or owner-users. The land features a blend of mature forest with potential future development. Classified under both RU (Rural) and AG (Agricultural) zoning, with the possibility of the land being severed. Additionally, property has a newly added 2.3 KM closed walking trail, perfect for nature lovers, however, please do not walk on the property without permission.

Details

Type: Vacant Land
Size: < 700 sq ft
Lot: 498.16 × 4526.56 ft
Kitchens: 0
Property tax: $2,998 (2024)
Neighbourhood: 1116 - Cumberland West
Municipality: Orleans - Cumberland and Area

Building and exterior

Faces: East

Lot

Size: 498.16 × 4526.56 ft (rectangular)
Acreage: 50-99.99

Possession: Flexible
Cross street: Willhaven Drive / O'Toole Road

Living here

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Listed by ROYAL LEPAGE PERFORMANCE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $13,133
Property tax: $250
Total: $13,382

$599,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $599,800
Land transfer tax: $61,450
Legal and other costs: ~$2,500
Total: $663,750

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Book a showing

Or call 647-325-5000

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