$6,499,000

895 Lake Drive E, Georgina (sutton & Jackson's Point), Ontario

N12304184

MLS® Number

81

Days on Website

For Sale

Listing Type

$6,499,000 | Sutton & Jackson's Point Georgina (sutton & Jackson's Point) for Sale at 895 Lake Drive E Georgina (sutton & Jackson's Point)

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:6289)

Financial and Mortgage

List Price $6,499,000
Original Price $6,499,000
Monthly Payment $27,099/month
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Days on Website 81

895 Lake Drive E Details

Show Less

Construction and Lot

Bathrooms 0.00
Parking Spaces 10
Has Basement No
Features Irregular lot size

Exterior of 895 Lake Drive E

Type Vacant Land
Features Irregular lot size

Interior

Fireplace No

Sutton & Jackson's Point Information

About Sutton & Jackson's Point in Georgina (sutton & Jackson's Point)

Address 895 Lake Drive E
Subdivision Sutton & Jackson's Point
City Georgina (sutton & Jackson's Point)
Province Ontario
Postal Code L0E1L0
Features Irregular lot size
Office/Brokerage EXP REALTY

Sutton & Jackson's Point Map, Demographics, Characteristics

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