Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C6,499,000
($4,709,370)
(€4,086,789)
Annual Taxes:C5,980.27
505 Park Ave, New York, NY 10022

Description

Prime Development Site In The Heart Of Jacksons Point. A Rare Chance To Build In An Up-And-Coming Area, Just Steps From The South Shores Of Lake Simcoe. This 2-Acre Parcel With Dual Road Frontages Is Ideally Positioned For A Multi-Residential Project In A Growing Lakeside Community. Multiple Build Out Options Available. Currently Draft Plan Approved For 24 Townhomes, With Potential For A Revised Concept Of Approximately 18-24 Duplex-Style Rental Units. This Alternate Configuration May Also Be Eligible For CMHCs MLI Select Program, Offering A Unique Opportunity To Unlock Federal Financing Incentives And Optimize Long-Term Returns. Zoned Residential With Water And Sewer At The Lot Line, And Nearing Site Plan Approval. A Significant Amount Of Due Diligence Has Already Been Completed Including Architectural, Civil, Landscape, Environmental, Traffic, And Survey Work, Helping Fast-Track The Path To Development. Located Just 20 Minutes To Highway 404 And Under An Hour From Toronto, This Walkable Neighbourhood Is Steps To Restaurants, Grocery Stores, Public Transit, And The Lake. Whether You're Looking To Expand Your Portfolio Or Launch A High-Demand Rental Project, This Property Offers The Location, Flexibility, And Long-Term Upside To Deliver. Jacksons Point: Where Development Meets Destination.

Prime Development Site In The Heart Of Jacksons Point.


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.