NewFor Sale

895 Lake Drive E
Georgina, York, ON, L0E 1L0

Land
TRREB
MLS® Number: N12304204
$6,499,000List Price
LandProperty Type
2.07 acresSize
$5,980.27 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 895 Lake Drive E, Georgina, ON L0E 1L0

0 Transactions by CPRB Agents

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$5,980.27 / 2024
Listing #:N12304204
Property Type:Land
Size:2.07 acres
Land Size:97.5 x 100.02
Days on CPRB:
Locker:None
On CPRB Since:
Listing Brokerage:EXP REALTY

Rooms

Details

Property

Property Type:Land
Community:Sutton & Jackson's Point
Municipality:York

Building

Size:2.07 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Spaces:0
Total Parking Spaces:0

Utilities

Utility Sewer:Sanitary+Storm Available

Land

Cross Street:Lake Dr E & Dalton Rd

$6,499,000

List price

895 Lake Drive E, Georgina – Land for sale · MLS® # N12304204 | CPRB