00 King Street, The Nation, ON

$1
MLS#:X13442044
0 beds
0 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of 616 - Limoges. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 3231.49 x 4543 ft lot size

Description

Rare opportunity to acquire approximately 219.45 acres of strategically positioned land directly bordering the existing Limoges urban boundary. Situated along King Street and adjacent to established residential development, this expansive parcel represents a premier development opportunity in one of Eastern Ontario's fastest-growing communities. Cleared, level, and systematically tiled, the property offers an exceptional development canvas with minimal site preparation requirements. Frontage on King Street, combined with a municipal easement along the western boundary, provides logical future infrastructure and road connectivity opportunities. The parcel also benefits from its strategic location along the VIA Rail corridor, offering unique long-term transit-oriented development potential. Currently zoned A1 and operated under an active agricultural lease, the property benefits from farm tax classification, reducing holding costs while keeping the land productive and well maintained. The investment story is supported by exceptional growth. According to Statistics Canada, Limoges grew from 3,097 residents in 2016 to 4,332 residents in 2021, representing nearly 40% population growth in just five years. As Ottawa continues to expand eastward and housing demand remains strong throughout the National Capital Region, communities along the Highway 417 corridor are expected to play an increasingly important role in accommodating future residential growth. Located minutes from Highway 417, the site provides convenient access to Ottawa, the Amazon YOW1 Fulfillment Centre, Calypso Waterpark, and major employment hubs throughout Eastern Ontario. Limoges has emerged as one of the region's fastest-growing communities, attracting young families seeking attainable housing and excellent connectivity. A rare opportunity for developers, builders, land bankers, and institutional investors to secure a significant future growth asset in a rapidly expanding market.

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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size3231.49 × 4543 Feet
CountyPrescott and Russell
Annual Tax$8,127.77
Legal DescriptionPART OF LOT 17-18; LOT 16 CONCESSION 10 RUSSELL AS IN BS10489, BS10490 AND BS10119 SAVE AND EXCEPT PART 1 ON PLAN 50R9589 RUSSELL.

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Features

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Location

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00 King Street, The Nation, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 00 King Street, The Nation, ON K0A 2M0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in The Nation.

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Interest Rate5.25%
Down Payment$0 (0.0%)
* Minimum Canadian down payment required for this price is $0.
Amortization Period25 Years
Estimated Monthly Payment$0Based on a loan of $1 over 25 years.
Purchase Price$1
Loan Amount$1
Provincial Land Transfer Tax:$0
Total Estimated Closing Taxes:$0

About Purchasing a Home in The Nation, ON

For a property listed at $1 in The Nation, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in The Nation (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for The Nation.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$603,178

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.