895 Lake Dr E

For Sale New 21 hours
$6,499,000
2.07 Acre

895 Lake Dr E

For Sale New 21 hours
$6,499,000
2.07 Acre

Highlights

Key insights

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. (id:63267)

JENNIFER JONES of EXP REALTY,
#N12304204
updated 22 hours ago.
Houseful checked MLS® for data 22 hours ago.

Home overview

Exterior
  • # parking spaces
    10
Location
  • Subdivision
    Sutton & jackson's point
  • Directions
    1989234
Lot/ Land Details
  • Lot dimensions
    2.07
Overview
  • Lot size (acres)
    2.07
  • Listing #
    N12304204
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28646902/895-lake-drive-e-georgina-sutton-jacksons-point-sutton-jacksons-point
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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