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$1
Available - For Sale
Listing ID: S12954456
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: $7,501.08
Tax Type: Annual
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Designated
Use: Residential
Total Area: 3.03
Total Area Code:  Acres
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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RE/MAX ULTIMATE REALTY INC.

210 Side Street , Clearview, L0M 1S0, Simcoe

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Land
Area: Simcoe
Municipality: Clearview
Neighbourhood: Stayner
Style:
Lot Size: x 0.00(Acres)
Approximate Age:
Tax: $7,501.08
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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