For sale

LandOn market 169 days

00 Payn Rd, Hamilton Township

Hamilton Township, ON · · MLS® X13169708Updated October 9, 2026

$225,000Est. $1,105/mo mortgage

Type Land
Lot 25.995 acres

What you should know

00 Payn Rd is a land in Hamilton Township, listed for $225,000.

Conveniently located on the northeast end of Cobourg, this exceptional 1.6-acre building lot offers the perfect opportunity to bring your dream home to life.
Imagine designing a home tailored to your lifestyle, surrounded by peaceful natural beauty, yet just moments from shopping, dining, schools, and everyday essentials.
Whether you envision a modern retreat or a timeless country estate, this spacious parcel offers the ideal canvas for creating something truly special in a sought-after location.

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Lots & Land in Hamilton Township

About 00 Payn Road

Conveniently located on the northeast end of Cobourg, this exceptional 1.6-acre building lot offers the perfect opportunity to bring your dream home to life. Tucked within a beautiful and private setting, the property combines the tranquillity of country living with the convenience of nearby town amenities. Imagine designing a home tailored to your lifestyle, surrounded by peaceful natural beauty, yet just moments from shopping, dining, schools, and everyday essentials. Whether you envision a modern retreat or a timeless country estate, this spacious parcel offers the ideal canvas for creating something truly special in a sought-after location.

Hamilton Township land priced at $225,000 — book a tour to see if it fits your search.

Inside 00 Payn Rd

Every detail from the listing, in one place.

Type: Land

Features & systems

Lot & land

Lot size (sqft): 1.6

Listing & possession

Property class: Vacant Land

00 Payn Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

May 25, 2026For saleListedThis listingMLS® X13169708$225,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 00 Payn Rd Compares to the Hamilton Township Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Hamilton Township market, last 90 days

Median sold price: $674,000
Average sold price: $757,790
Average days on market: 41
Homes sold: 1,871

Closed sales on the TRREB MLS®.

Full Hamilton Township market report

Recently sold nearby in Hamilton Township

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

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Home	Sold price	$ / sqft	% of asking	Sold
This home00 Payn Road 0 bd · 0 ba	$225,000asking	—	—	—
216 Mountsberg Road 0 bd · 0 ba · 700 sqft
23 Centennial Parkway 0 bd · 0 ba
PART 1 Bickle Hill Road 0 bd · 0 ba
PART 2 Bickle Hill Road 0 bd · 0 ba
PART 3 Bickle hill Road 0 bd · 0 ba
24 Rosebough Street 0 bd · 0 ba

216 Mountsberg Road
0 bd · 0 ba · 700 sqft
23 Centennial Parkway
0 bd · 0 ba
PART 1 Bickle Hill Road
0 bd · 0 ba
PART 2 Bickle Hill Road
0 bd · 0 ba
PART 3 Bickle hill Road
0 bd · 0 ba
24 Rosebough Street
0 bd · 0 ba

Living in Hamilton Township: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 00 Payn Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 00 Payn Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,105; 20% down · 25 years · 5.5% assumed
Property tax: $124; 0.66% mill rate · ON
Total per month: $1,229; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,105

/mo

based on the purchase price of $225,000

Down payment20%

$45,000 cash

Amortization25 yr

$180,000 financed

Rate5.50%

$151,607 total interest

Principal54%$180,000

Interest46%$151,607

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Find an agent (905) 553-8500 (main line)

Listing brokerage: RE/MAX HALLMARK FIRST GROUP REALTY LTD., BrokerageMLS® X13169708 · Listing data last updated October 9, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed May 24

Estimated monthly mortgage$1,105/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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