Sold for:Sold Jan 6, 2025
$895,000

Part 1 Centre Street

West Elgin (Rodney), ON N0L 2C0

Vacant Land SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Part 1 Centre Street, West Elgin, Rodney

2024-07-24
2025-01-06
Sold
Price
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MLS#
x9056547

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Part 1 Centre Street, West Elgin, Rodney

CALLING ALL DEVELOPERS! Discover an exceptional investment opportunity with this 8.33-acre parcel located at Centre Street and Fletcher Lane in the heart of Rodney. Positioned within the village, this property boasts future residential zoning and is serviced with hydro, natural gas, water, sewer, and internet connectivity available at the property line, ensuring ease of development for prospective buyers. Town planners have suggested enough space for approximately 36 single-family lots on this space, with support from the town council for options other than single-family homes.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$273
Land Transfer Tax Fee
$14,375

Rental Items

Rental Equipment
none

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Building

Building Type
Vacant Land

Construction

Special Designation
Unknown

Lot

Lot Front
389.45 ft
Lot Depth
924.55 ft

Inclusions

Inclusions
none

Exclusions

Exclusions
none

Parking & Garages

Garage Spaces
0

Heating & Cooling

Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Available
Cable
Available
Telephone
Available

Municipality
West Elgin
Neighbourhood
Rodney
Main cross streets
Fletchers Lane
Zoning
A1
Waterfront
None

MLS® number
X9056547
Data source
Toronto Regional Real Estate Board
Status change
2025-01-06
Listed on
2024-07-24
Days on market
166 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
BLUE FOREST REALTY INC.

Home Market Value

Current home valuation for Part 1 Centre Street, West Elgin, Rodney, West Elgin, ON. Listed for $895,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for Part 1 Centre Street, West Elgin, Rodney

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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West Elgin, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $395,000 over $500K

Minimum down payment

$64,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
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+CMHC insurance
$33,187$24,971$21,301$0
=Total mortgage
$862,852$830,471$782,051$716,000
Amortization
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%
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Payment frequency
=Mortgage payment
$4,213monthly$4,055monthly$3,818monthly$3,496monthly
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Land Transfer Tax

Provincial

$14,375

Total Land Transfer Tax

$14,375

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