| Exceptional opportunity to acquire 3.03 acres of residential development land in a high-demand area. The property offers outstanding potential for a purpose-built rental project, ideal for CMHC MLI Select financing. Preliminary concepts support development of 75+ rental units, or a mixed configuration of approx. 46+ rental units plus 4 detached residential lots. Strong market fundamentals with increasing demand for quality rental housing make this an ideal long term investment. Take advantage of government backed incentives, including potential HST rebates, favorable financing terms, and extended amortization options up to 40 years through CMHC programs. A rare opportunity for developers, builders, and investors to secure a scalable site with significant upside in a supply constrained rental market. |
| Price | $1 |
| Taxes: | $7501.08 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 210 Side Street , Clearview, L0M 1S0, Simcoe |
| Postal Code: | L0M 1S0 |
| Province/State: | Simcoe |
| Legal Description: | PT PKLT 51 PL 196 NOTTAWAAGA PT 1,2,3 & |
| Directions/Cross Streets: | Hwy 26 & Airport Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Use: | Residential |
| Total Area: | 3.03 |
| Total Area Code: | Acres |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Washrooms: | 0 |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ULTIMATE REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Com - Land |
| Area: | Simcoe |
| Municipality: | Clearview |
| Neighbourhood: | Stayner |
| Tax: | $7,501.08 |
| Fireplace: | N |