5 beds · 4 baths · 2999.975 - 3499.9705 sqft
Welcome to a rare opportunity in the heart of Orono, where prime developmental land awaits your vision. Nestled minutes away from Highways 115 and 407, this expansive parcel spans over 29 acres of potential. Boasting a strategic location and desirable features, this property presents a rare chance for developers and investors to make their mark. At the heart of this offering lies approximately 12 acres within the urban boundary, 8 Acres Currently Zoned R-1 fronting on Main St and can be serviced by municipal water installed in 2018. The sandy soil composition of the land is ideal for septic systems, ensuring ease of development. The flat lay of the land provides a versatile foundation for realizing your vision. Attached is a draft for the potential severance of 11 acres, further expanding the canvas for your development ambitions. Don't miss out on this rare chance to secure a piece of Orono's future. (id:39198)
Building Type House, Detached
Year built
Square Footage 2999.975 - 3499.9705 sqft
Stories 2
Bedrooms 5
Bathrooms 4
Parking 8
NeighbourhoodOrono
Land size 286.6 x 409.1 M|25 - 50 acres
Heating type Forced air
Basement typeN/A (Finished)
Parking Type Attached Garage
Time on REALTOR.ca3 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: RE/MAX IMPACT REALTY
Home price
$14,888,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$135,428 / month
Rent $119,762
Savings $15,666
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$119,355 / month
Rent $116,095
Savings $3,259
Initial deposit 5%
Savings target Fixed at 5%