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For Sale

25 Yonge Street N

Elmvale, Springwater, ON
$740,000
0Bd
0Ba
sqft
63.98 x 200 ftlot
LandMLS# S12956300Listed 2026-04-0363 DOM

On the market for 63 days — longer than average. The seller may be open to negotiation.

About this home

Rare development opportunity with municipal approvals in place. The property is zoned R3-13 Residential and has received planning approval for the development of up to 10 residential units (two-bedroom units).Ideally located in the heart of Elmvale, within close proximity to schools, retail amenities, and community services. The property benefits from full municipal services, including water, sewer, hydro, and road access. Lot size is approximately 13,000 sq ft. A great opportunity for builders and investors to proceed with a development project while saving significant time on the planning and approval process. Buyer to verify all information, zoning, and approvals. Vendor Take-Back Financing Available.

Financials

Annual Taxes
$3,200

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield3.2% – 4.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Springwater

Days on market63 days
Buyer's MarketSeller's Market

Based on active listings in Springwater. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$740,000
25 Yonge Street N, Springwater
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