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Home ON Greater Toronto Area Georgina
895 LAKE DRIVE E
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895 LAKE DRIVE E $6,499,000
$6,499,000
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895 LAKE DRIVE E
Georgina (Sutton & Jackson's Point), Ontario L0E1L0

MLS® Number: N12304204

Listing 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. (40951106)

Location Description

Lake Dr E & Dalton Rd

Property Summary

Property Type
Vacant Land
Community Name
Sutton & Jackson's Point
Land Size
2.07 ac
Annual Property Taxes
$5,980.27
Total Parking Spaces
10
Time on REALTOR.ca
9 days

Building

Building Features
Features
Irregular lot size
Utilities
Water
Municipal water
Business
Business Type
Residential (Residential)
Parking
Total Parking Spaces
10

Measurements

Square Footage
2 ac

Land

Lot Features
Frontage
97 ft ,6 in
Land Depth
100 ft
Other Property Information
Zoning Description
R-63, R-64, R-65
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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