250 Harris Street, Wellington North, ON N0G 2L3

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,900
MLS#
X13675454
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
1 1/2 Storey
Bedrooms
2
Living Area
700-1100
Province
ON
Municipality
Wellington North
Area
Wellington
Neighborhood
Mount Forest
Subdivision
S Water/Hwy 6

Property Description

Rare opportunity to acquire approximately 3 acres of strategically located development land in growing Mount Forest. Situated at 250 Harris Street, this property offers an excellent opportunity for builders, developers and long-term investors looking to participate in the continued residential growth of Wellington North.Significant preliminary planning and engineering work has already been undertaken. A recent conceptual site plan demonstrates the potential for a 26-lot detached residential development, with approximately 12-metre lot frontages, an internal road and stormwater management area. Additional optimization of the site may provide opportunities for an alternative configuration or increased unit count, subject to municipal approvals, servicing, engineering and planning review.The property's long rectangular configuration lends itself particularly well to an efficient double-loaded residential street design. The site benefits from substantial frontage and is located in an established residential area, making it an attractive infill development opportunity rather than a remote greenfield project. Zoning is FD(Future Development), there is large development approved south of this property with over 411 units).

Additional Information

Taxes
$2,290
Heat Type
Other
Heat Source
Electric
Air Conditioning
None
Kitchens
1
Exterior
Aluminum Siding
Garage Type
None
Pool
None
Parking Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Icon Realty.