Lot 16 Elizabeth Street, Southwold, ON N0L 2E0

For Sale 62 days on Market MLS® X12770660

Asking Price

$650,000

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Lot 16 Elizabeth Street, Southwold, ON N0L 2E0

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Overview

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Situated in the rapidly growing community of Shedden, this 2.5-acre parcel presents an exceptional opportunity for developers, builders, or those envisioning a custom dream home. Southwold Township is actively encouraging residential growth, supported by major nearby industrial investments in St. Thomas, including the Amazon facility and the Volkswagen Battery Plant. Municipal water, hydro, and gas are available, with sanitary sewer anticipated within the next year (per the Township). Currently zoned Settlement Reserve, the property offers strong potential for rezoning which may accommodate future residential development with possibilities of low-rise or walk-up style building(s) and condominium-type projects subject to all municipal approvals. Presently used for agricultural crops, this is a rare chance to invest in a thriving and expanding area. Don't miss this outstanding opportunity.

Lot Size

3.1 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CitySouthwold

Postal CodeN0L2E0

Lot Dimensions700.00 × 192.00 ft

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$650,000

Annual Taxes$1,320 (2025)

Days on Market62

MLS® X12770660 • Listed by BLUE FOREST REALTY INC.

Lot 16 Elizabeth Street, Southwold, ON N0L 2E0

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Purchase Calculator

Home Price

$650,000.00

Location

Down Payment

$136,500.00

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

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

Lot 16 Elizabeth Street, Southwold, ON N0L 2E0

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