9.78 Acre Piece Of Vacant Land With Mixed Bush And Open Meadows Making For Wonderful Privacy In A Quiet Area On A Paved Road. **EXTRAS** Currently Under Conservation Land Tax Incentive Program. Zoning Is Agricultural With Exception For Possible Single Family Dwelling (Contingent On NVCA
Approval). Easy Commute To Shelburne, Collingwood Or Dundalk.
LOT 326.14 x 1306.7 Feet

HERE THE SIX BASIC PRINCIPALS IF YOU WISH TO BY A LOT AND BULD YOU HOME

1. Identify Your Goals and Budget

- Define Objectives: Determine whether you’re looking for a rental property, a flip, or a personal residence.
- Set a Budget: Establish a clear budget that includes purchase price, renovation costs, permits, and unexpected expenses.

2. Market Research

- Analyze Locations: Research neighborhoods with potential for growth, good schools, and amenities.
- Property Analysis: Look for properties that are undervalued or in high-demand areas. Check for recent sales in the vicinity to gauge market trends.

3. Property Inspection

- Conduct a Thorough Inspection: Hire a professional to assess the property’s structural integrity, plumbing, electrical systems, and potential hazards (e.g., mold, pests).
- Estimate Repair Costs: Get a clear understanding of what repairs or rebuilds will be necessary and their associated costs.

4. Decide on Rebuild vs. New Build

- Rebuild: If the property has historic value or unique architectural features, consider restoring it. This can often be more cost-effective than starting over.
- New Build: If the property is beyond saving or the land has significant value, demolishing and building anew may be the better option. Evaluate zoning laws and building regulations in the area.

5. Secure Financing

- Explore Financing Options: Consider traditional mortgages, renovation loans, or hard money loans. Make sure you understand the terms and conditions associated with each.
- Investor Partnerships: If necessary, look for partners to share the financial burden and risk.

6. Execute the Plan

- Hire Qualified Professionals: Engage architects, contractors, and project managers who have experience with distressed properties.
- Monitor Progress: Keep a close eye on the project timeline and budget, adjusting as necessary to stay on track.

CALL TO DISCUSS HOW ITS DONE!!
REALESTATE BROKER
PAUL FULLER
416-834-1723