$5,990,000
For sale: Vacant Land

The site is composed of three parcels within the Springwater Simcoe Hillsdale Secondary Plan designatedas Residential Land, identified as a Major Area in Springwater's Urban Settlement Areas. The three parcels constitute a cumulative 138.5 acres, with approximately 57 usable acres. ~70 acres of the parcel are currently being farmed. Current Secondary Plan allows 0.5 acre lot based on 100' of frontage Potential to develop up to 132 lots under current policy There is an approved proposal for a sewage treatment plant to be built by the landowners to the North of the site, creating an opportunity for increased density and to tap into future sewage infrastructure Provincial forecasts note that Simcoe County's population is expected to grow by 194,000 people by 2051, almost quadrupling in size.
Sold data
Homes in Springwater (Hillsdale) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 49, across 84 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.
The median sale price was $942,450.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 84 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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