DEVELOPER ALERT!! Land value only - This 50 x 125 ft lot, featuring sought after H-GO zoning, is an exceptional canvas for your next investment project. With conceptual building plans available for 5 + 5 units, this property offers incredible potential for a multi-unit development tailored to the growing demand for rental housing in the area.
Situated in a prime location, this lot boasts unbeatable convenience. Residents will enjoy effortless access to public transportation, making commuting a breeze. The property is also just minutes from shopping and all the amenities needed for modern living.
Seller is offering a vendor take-back (VTB) financing option, available with just 20% down, a one-year term, and a 0% interest rate—making this opportunity even more accessible and allowing you get get all permits and approvals in place.
Don't miss your chance to invest in one of Forest Lawn's most promising redevelopment opportunities. Contact your favourite Realtor today to explore the possibilities!
Data was last updated February 19, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$569,000
Min list price:
$157,000
Max list price:
$688,000
Avg days on market:
34
Min days on market:
6
Max days on market:
508
Avg price per sq.ft.:
$595.81
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.