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$ 6,499,000
Est. payment /mo
New
895 Lake DR E Georgina, ON L0E 1L0
2 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sutton & Jackson'S Point
MLS Listing ID N12304184
Annual Tax Amount $5,980
Tax Year 2024
Lot Size 2.000 Acres
Property Sub-Type Vacant Land
Property 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.
Location
State ON
County York
Community Sutton & Jackson'S Point
Area York
Zoning R-63, R-64, R-65
Rooms
Kitchen 0
Exterior
Total Parking Spaces 10
Others
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