The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Future development land improved with single-family tenanted home on a beautiful country lot. The Property is located along County Road 124 in the Township of Melancthon, north of the Town of Shelburne, providing convenient access to Shelburne's established retail, schools, recreation and everyday amenities within an attractive rural setting. County Road 124 and nearby Highway 10 provide regional connectivity throughout Dufferin County and to Orangeville and the broader Grey County market. The Property is well positioned to benefit from Shelburne's continued residential expansion and the growing demand for housing, services and amenities in the surrounding area. Rare rural holding in the Township of Melancthon offering approx. 19.46acres of estimated net developable area. Designated Rural, a flexible designation supporting a broad mix of agricultural, residential, recreational, tourism and rural economic uses. Zoned General Agricultural and OS2. Approx. 32.5 acres fall within the NVCA regulated area, adding natural open space and privacy. An excellent opportunity for investors, developers or end users. The property is improved with a single-family home of average quality. The property includes a pond and water course that runs through the middle of the site. See data room for additional information.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$536/mo
Mortgage (principal + interest)$0
Property taxFrom listing: $6,434/yr$536
Minimum $1 down for this price; the slider moves in whole percent, starting at 50%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment50% of the list price$1
Ontario land transfer taxProvincial brackets, no first-time refund$0
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$2,801
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Melancthon has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
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