895 Lake Drive E, Georgina, ON

$6,499,000

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2.07

Acres

About 895 Lake Drive E

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 of 895 Lake Drive E

MLS® # N12304184
Price $6,499,000
Bathrooms 0.00
Acres 2.07
Type Residential Freehold
Sub-Type Vacant Land
Status Active

Community Information

Address 895 Lake Drive E
Area York
Subdivision Sutton & Jackson's Point
City Georgina
Province ON
Postal Code L0E 1L0

Amenities

Parking Spaces 10
Is Waterfront No
Waterfront None

Interior

Fireplace No

Listing Details

OfficeEXP REALTY

Listing Map

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