$ 3.500.000

47808 College Line, Elgin

15 Photos

47808 College Line, Elgin, ON N5H2R6 Photo 2

47808 College Line, Elgin, ON N5H2R6 Photo 3

47808 College Line, Elgin, ON N5H2R6 Photo 4

47808 College Line, Elgin, ON N5H2R6 Photo 5

47808 College Line, Elgin, ON N5H2R6 Photo 6

47808 College Line, Elgin, ON N5H2R6 Photo 7

Living area: 1100 sqft
MLS®: 40575753

Type: Residential
Added: 11 days ago

Property Details

Great opportunity for investors who are looking for a development property in a great location that is within a 6 minute drive to the St Thomas battery plant location. This 8.35 acre parcel is zoned HR and with a potential of 17 executive size building lots for construction of new homes. The property provides a picturesque setting and with perfect blend of country charm, privacy and accessibility. The home is 3 bedrooms 1 bath. It is 15 minutes to the 401 and 10 minutes to Aylmer. There currently is a brick bungalow home with a large barn that can be severed or removed. This is a well sought after area that brings plenty of potential for any development. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Septic System
Cooling: Central air conditioning
Heating: Heat Pump
Stories: 1
Basement: Finished, Full
Utilities: Natural Gas, Electricity, Telephone
Appliances: Water purifier
Directions: Take #73 south from 401, turn west on College Line and property is on the right.
Living Area: 1100
Lot Features: Visual exposure, Country residential, Sump Pump
Photos Count: 15
Water Source: Drilled Well
Parking Total: 5
Structure Type: House
Common Interest: Freehold
Parking Features: Visitor Parking
Subdivision Name: Aylmer
Tax Annual Amount: 2800
Exterior Features: Brick
Foundation Details: Poured Concrete
Zoning Description: HR
Architectural Style: Bungalow

Room Dimensions

Type	Level	Dimensions
Other	Main level

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Nearby Places

Name	Type	Address	Distance
Ruby's Cookhouse	Restaurant	583 John St N	5.0 km
Tim Hortons	Cafe	374 John St N	5.3 km
New Sarum Diner	Restaurant	46230 New Sarum Line	5.9 km
Ontario Police College	School	10716 Hacienda Rd	6.2 km
Ontario Police College	The Ontario Police College (OPC) is located in Mal...		6.3 km
RCAF Station Aylmer	It was one of many built across Canada under the B...		6.9 km
Pinecroft Green Frog Tea Room	Restaurant	8122 Rogers Rd	7.6 km
Central Elgin	It was formed in 1998 through the amalgamation of ...		7.8 km
Malahide, Ontario	Malahide (Canada 2006 Census population 8,828) is ...		7.8 km
St. Thomas Municipal Airport (Ontario)	Thomas Municipal Airport, (IATA: YQS, ICAO: CYQS),...		8.2 km
CHPD-FM	The Aylmer and area Inter-Mennonite Community Coun...		9.6 km
CFHK-FM	Thomas, Ontario, Canada that transmits at 16.7 kW ...		10.5 km

Similar Houses Stat in Elgin

We have found 2 Houses that closely match the specifications of the property located at 47808 College Line with distances ranging from 2 to 7 kilometers away. The prices for these similar properties vary between 2,499,900 and 2,499,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N5H2R6 postal code area of Elgin Ontario Canada.

47808 College Line mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 47808 College Line. The current price of the property is $3,500,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,800,000. This would result in a monthly mortgage payment of $16,367 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	25
University / Below bachelor level	10
Certificate of Qualification	40
College	55
University degree at bachelor level or above	25

Neighbourhood Marital Status Stat

Married	250
Widowed	10
Divorced	15
Separated	10
Never married	85
Living common law	25
Married or living common law	280
Not married and not living common law	115

Neighbourhood Construction Date

1961 to 1980	40
1981 to 1990	25
1991 to 2000	20
2001 to 2005	15
2006 to 2010	10
1960 or before	70

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