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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Springwater
About 25 Yonge Street North
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.
Springwater land priced at $740,000 — book a tour to see if it fits your search.
Inside 25 Yonge St N
Every detail from the listing, in one place.
Type
Land
Lot size
63.98 x 200.00 Feet
Features & systems
Lot & land
Lot dimensions
63.98 x 200.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
25 Yonge St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S12956300$740,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 25 Yonge St N Compares to the Springwater 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.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,635
/mo
based on the purchase price of $740,000
$148,000 cash
$592,000 financed
$498,619 total interest
Principal54%$592,000
Interest46%$498,619
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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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Book a tour of 25 Yonge St N with a licensed buyer's agent
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Zara, any time
Zara · AI virtual agent
Ask about 25 Yonge St N day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio96.6%On average, homes sold below asking.
Active listings203Homes for sale here right now.
Median vs prior 90 days+1.7%Compared with May 12 – Aug 10, 2026: prices up.
Based on 123 sales from Aug 10 – Nov 8, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 25 Yonge St N
How much is 25 Yonge St N listed for?
25 Yonge St N is listed at $740,000 (MLS® S12956300). Summitly updates the price as soon as the MLS® record changes.
Has the price of 25 Yonge St N changed?
No — 25 Yonge St N is still listed at its original asking price of $740,000.
How many bedrooms and bathrooms does 25 Yonge St N have?
The listing for 25 Yonge St N doesn't publish its bedroom and bathroom count. It is a lot in Springwater.
How much would the monthly mortgage be on 25 Yonge St N?
About $3,635 a month — principal and interest on $740,000 with 20% down ($148,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 25 Yonge St N compare with other homes in Springwater?
Its asking price of $740,000 is about 17% below the median sold price in Springwater over the last 90 days, $890,000, across 123 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 25 Yonge St N been sold before?
Summitly has no earlier MLS® sale or lease of 25 Yonge St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 25 Yonge St N?
25 Yonge St N is in Springwater, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 25 Yonge St N been on the market?
219 days — 25 Yonge St N was listed on April 3, 2026.
What is the lot size of 25 Yonge St N?
The lot measures 63.98 × 200.00 Feet (50 acres), as published in the listing.
What is the land transfer tax on 25 Yonge St N?
About $11,275 in Ontario land transfer tax at the asking price of $740,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 25 Yonge St N or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 25 Yonge St N?
The listing for 25 Yonge St N doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Springwater.