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895 Lake Drive E Georgina (Sutton & Jackson's Point), Ontario L0E 1L0

Acreage

$6,499,000

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:58549)

Property Details

MLS® Number N12304184
Property Type Vacant Land
Community Name Sutton & Jackson's Point
Features Irregular Lot Size
Parking Space Total 10

Building

Utility Water Municipal Water

Land

Acreage Yes
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 97 Ft ,6 In
Size Irregular 97.5 X 100.02 Ft
Size Total Text 97.5 X 100.02 Ft|2 - 4.99 Acres
Zoning Description R-63, R-64, R-65

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/28646899/895-lake-drive-e-georgina-sutton-jacksons-point-sutton-jacksons-point