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For saleListed 45 days agoMLS® N13722478

2596 Leonard Street, Innisfil, ON

Alcona, Innisfil · View map

$750,000
Vacant LandType
10-24.99Lot
$3,930/yrTaxes
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$750,000

About this property

This property has been owned by the same family for nearly half-a-century. This is an incredible opportunity to become the next steward of this remarkable piece of land. Over 14-acres in the heart of Alcona's lovely, Leonard's Beach neighbourhood. Situated 'directly' across the street from Lake Simcoe. Imagine the possibilities, your very own nature reserve. Nature enthusiasts, bring your RV and you've got nature in your backyard and area amenities all around you. Enjoy Leonard's Beach, half a block down the street. Turn the forest into a yoga sanctuary, a nature-education-centre/nature trail, make use of the agricultural lands, the possibilities are endless. This can also be an excellent choice for Corporations looking to land-bank in support of their ESG corporate objectives.45 minutes north of Toronto. Note: This property enjoys a major tax exemption, c/o CLTIP (Conservation Land Tax Incentive Program), whereby it's tax exempt for 10.9 acres (76%) of the "Environmentally Protected "portion of the land. The remaining 3.43 acres (24%) of the land is zoned "Agricultural".e.g. 2026 Taxes: $3929.62 (Total Tax) - $2987.50 (76% CLTIP Tax Exemption/Rebate)= $942.12 Annual Property Taxes for the (24%) Agricultural land. Note: Owner must submit an annual CLTIP application in order to qualify for the annual 76% tax exemption. Watch the property video.

The property

Type
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Waterfront

Waterfront
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Exposure
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Lot & taxes

Acreage
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Taxes
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Location

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Listing

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Listed
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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

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2596 Leonard Street, Innisfil, ON

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Listing courtesy of NEST SEEKERS INTERNATIONAL REAL ESTATE. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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