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.
Rare 9.04-acre residential and commercial development opportunity in the rapidly growing community of Millbrook. Comprised of two adjoining parcels and surrounded by ongoing development, this exceptional property offers outstanding potential for future residential, commercial, or mixed-use projects.The property features a well-maintained approximately 2,700 sq. ft. century brick home with 4 bedrooms, 2 bathrooms, updated windows, a new roof, high-efficiency natural gas boiler heating, and a private inground pool. Also included is a 6,400 sq. ft. commercial building (160' x 40') with natural gas heat, three-phase power, and a partial basement, plus a newer 54' x 60' commercial building featuring 16-foot ceilings and four 12' x 14' overhead doors.Ideally located just 3 km from Highway 115, only 10 minutes to Highway 407 and Peterborough, with direct access from both County Road 10 and Buckland Drive. Existing buildings and infrastructure provide immediate utility while offering tremendous long-term redevelopment potential.A rare opportunity to acquire a prime development parcel in one of the region's fastest-growing areas-ideal for developers, investors, or businesses looking to capitalize on Millbrook's continued growth.
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What’s NearbyDistances approximate
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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$23,829/mo
Mortgage (principal + interest)$23,568
Property taxFrom listing: $3,129/yr$261
Minimum 20% ($1,260,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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 payment20% of the list price$1,260,000
Ontario land transfer taxProvincial brackets, no first-time refund$143,975
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$1,406,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Cavan Monaghan 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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