1395 STATION Street, Pelham, ON L0S 1E3

For Sale 40 days on Market MLS® X12474333

Asking Price

$799,000

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Overview

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Excellent small-scale development opportunity in the heart of Fonthill. This 0.29-acre property offers 71' of serviced frontage and includes $180,000 in development charge credits. With fewer than 10 units, the site can proceed without site plan control, offering a streamlined approval process for builders and developers. Preliminary concept plans show 8 stacked townhouse units, with potential for alternate layouts or freehold residential development. Zoned Village Commercial, the property allows for a wide variety of permitted uses, including: apartment dwellings, townhouses, bakery, restaurant, retail, offices, hotel, microbrewery, cultural use, live-work units, and short-term accommodation, among others. Ideally located within walking distance to Fonthill Town Square, shopping plazas, restaurants, grocery stores, LCBO, schools, churches, parks, and the Meridian Community Centre with its new arena and recreation facilities.

Lot Size

0.3 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityPelham

Postal CodeL0S1E3

Lot Dimensions71.38 × 188.72 ft

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$799,000

Annual Taxes$3,715 (2025)

Days on Market40

MLS® X12474333 • Listed by ROYAL LEPAGE NRC REALTY

1395 STATION Street, Pelham, ON L0S 1E3

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Purchase Calculator

Home Price

$799,000.00

Location

Down Payment

$167,790.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

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💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

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🛠️ Maintenance
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Monthly Mortgage$0.00
Home Expenses$0.00
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Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

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Effective Amortization30 Years

Property Location

1395 STATION Street, Pelham, ON L0S 1E3

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