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240 Cumberland Street

240 Cumberland Street

Minto, ON

  • Vacant Land
  • 151 days on market
$139,900

Opportunity Awaits: 240 Cumberland Street, PalmerstonBuild your future in the growing community of Palmerston with this ready-to-develop residential lot. Measuring approximately 61.65 ft x 66.00 ft, this property offers a manageable footprint for a custom detached home or a strategic investment project in the heart of Minto.Location & LifestyleForget the congestion of the GTA; Palmerston offers a refreshing pace of life where neighbors know each other by name. This lot is situated on a quiet residential street, perfectly positioned for families and commuters alike:Education: Just steps (approx. 200m) from Norwell District Secondary School and a short walk to local elementary schooling.Recreation: Minutes away from Lions Heritage Park, featuring the famous pedestrian bridge, splash pad, and the Palmerston Railway Heritage Museum.Convenience: A quick 5-minute walk to Main Street's shops, local dining, and the historic Norgan Theatre.Site Details & ImprovementsThe heavy lifting of site selection is done. This lot is level and clear, providing a blank canvas for your architectural vision.Services: Municipal water and sewer services are available at the road.Zoning: Located within an established residential pocket, the property is suited for a single-family dwelling that complements the existing character of the neighborhood.Commuter Friendly: Enjoy the peace of small-town living while staying connected-Listowel is 12 minutes away, and Fergus/Elora is reachable in under 30 minutes.Note: Buyers are encouraged to conduct their own due diligence regarding building permits, development charges, and service hook-up costs with the Town of Minto.Build your home where the air is clear and the community is strong. Lot is recently severed and address is subject to change.

Listing Details

Taxes (2026)
$998
Listed
April 4, 2026

Price History

Listing history

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Property

Lot Size
18.79 x 20.12 Metres

Location & Legal

Cross Street
Cumberland St and Raglan St
Zoning
R2
Parcel Number
710410203
Possession
Flexible
Occupancy
Vacant

Schools

Secondary

  • Norwell District Secondary School0.2 km

    Public · Upper Grand DSB · 735 students

    Grade 10 literacy: 84% met the provincial standard

Elementary

  • Palmerston Public School0.3 km

    Public · Upper Grand DSB · 480 students

    Grade 3 reading: 84% met the provincial standard · Grade 6 math: 66% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Property Insights

treed lotfenced yard

AI-generated from listing photos. Not professional advice.

Community

Postal area N0G

Population
86,935
Private dwellings
35,896
Median age
40.8
Average household size
2.6
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Minto · last 12 months

Median sold price
$530,000
Homes sold
121
Median days on market
37
Sale-to-list price
97.0%

Based on 121 recorded sales of residential freehold properties in Minto over the last 12 months.

Listed by

Royal LePage RCR Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$27,980

Estimated Monthly Payment

$687

Land transfer tax

Estimated land transfer tax$1,124

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $687/mo (20% down, 5.5%)

Taxes: $83/mo · Insurance: $35/mo

Estimates only. Consult a financial advisor.

R

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