219 Borden Avenue, Central Elgin

$4,900,000
219 Borden Avenue

$4,900,000

New
37d
Land

219 Borden Avenue, Central Elgin

Total Monthly Obligation $20,302

Beds
0
Baths
0
Park
0
DOM
37d
Property Type-Land
MLS® Number-X13796090
Beds-0
Listed on site-Sep 16, 2026
Building Type-Land
Taxes-$1,937.36 (2025)
Brokerage-COLLIERS SOUTHWESTERN ONTARIO
Fireplace-No
Pool-None
Sewer-Sanitary+Storm Available
Possession-Flexible
Neighbourhood-Rural Central Elgin
Title-Commercial

No agent assigned

Excellent opportunity to acquire approximately 40 acres of development land located at 219 Borden Avenue in Belmont, Central Elgin. The property can be fully serviced and is currently zoned Neighborhood Development (ND) which allows for a broad mix of commercial & industrial uses. Ideally suited for investors, developers, or users seeking a substantial land holding with future development potential.

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Closing Costs

Mortgage Amount
$3,920,000
Land Transfer Taxes$108,975
Legal Fees (Est.)
$
Total cash required for closing$1,090,475

Total Monthly Obligation

$20,302/mo
Mortgage $19,765
Monthly Loss $15,100
Principal$5,201
Interest$14,564
Property Tax$161
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 219 Borden Avenue

Time

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Data last updated within the past 24 hours.