489 Memorial Drive, Pelham, ON L0S 1C0

$799,000

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Sep 14, 2025

Pelham, 664 - Fenwick

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Description

Set on a full acre, this property offers a peaceful rural setting with mature trees surrounding the perimeter and a gentle slope that follows the natural contour of the Fonthill Kame - an elevated moraine known for its rich soil and freshwater springs. The lot is level enough for construction but shaped by its surroundings in a way that adds character and privacy. Buyers have options here: renovate and expand the existing home, or remove it and build new. Either way, the presence of a dwelling allows for traditional mortgage financing - something typically unavailable when purchasing vacant land. In addition, the existing home may qualify a future build for a development charge credit, providing significant cost savings for those planning a new home. Water access could be arranged through a drilled well, tapping into the underground glacial streams that this area is known for. Municipal water may also be available - buyers to do their own due diligence. An up-to-date survey was completed in March 2025 and is available for review. Located just minutes from the shops, schools, and services of Pelham, this property combines country calm with easy access to town conveniences. Its a flexible opportunity for buyers wanting to plan and build with space and vision in mind. Take advantage of this market and make 498 Memorial Drive your next address!

Overview

Property ID: X12299269

Type: Detached

Bedrooms: 2

Bathrooms: 1

Square: 900 m²

Price: $799,000

PropertyType: Residential Freehold

TransactionType: For Sale

BuildingAreaUnits: Square Feet

Cooling: Central Air

Heating: Forced Air