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3 SqFt
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3 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3
Square Footage 3 sqft
Price per Sqft $0
Subdivision Stayner
MLS® Listing ID S12954456
Lot Size 3.030 Acres
Acres 3.03
Property Description
Exceptional opportunity to acquire 3.03 acres of residential development land in a high-demand area. The property offers outstanding potential for a purpose-built rental project, ideal for CMHC MLI Select financing. Preliminary concepts support development of 75+ rental units, or a mixed configuration of approx. 46+ rental units plus 4 detached residential lots. Strong market fundamentals with increasing demand for quality rental housing make this an ideal long term investment. Take advantage of government backed incentives, including potential HST rebates, favorable financing terms, and extended amortization options up to 40 years through CMHC programs. A rare opportunity for developers, builders, and investors to secure a scalable site with significant upside in a supply constrained rental market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by RE/MAX ULTIMATE REALTY INC.
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