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.
| MLS # | S12954456 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 144 |
| Listing Provided By | RE/MAX ULTIMATE REALTY INC. | S12954456 498703 |
| SQ Feet | 131,986 |
|---|---|
| Acreage | 3.03 |
| Cooling | Yes |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 7501.08 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT PKLT 51 PL 196 NOTTAWAAGA PT 1, 2, 3 & 4, 51R26086; S/T RO1251014, RO130021, RO1324840E; CLEARVIEW |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Clearview |
| Postal Code | L0M 1S0 |
| Area | Stayner |
| Listing VS Median (in L0M 1S0) | |
Price: $1 low | high Med: $88,000 sqft: 131,986 low | high Med: 1,046 $ / sqft: $0 low | high Med: $84 On site: 144 low | high Med: 14 | |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Clearview |
| Postal Code | L0M 1S0 |
| Area | Stayner |
| Listing VS Median (in L0M 1S0) | |
Price: $1 low | high Med: $88,000 sqft: 131,986 low | high Med: 1,046 $ / sqft: $0 low | high Med: $84 On site: 144 low | high Med: 14 | |