This 0-bathroom vacant land in Essa offers a 8.7 ac lot. The property has lot dimensions of 8.7. The home features forced air, natural gas heating, fully air conditioned.
2 Alma Street presents an exceptional development opportunity in Angus, a community experiencing steady growth and strong demand for housing. The site is well suited for a 55+ adult lifestyle community with modern amenities or as a purpose-built rental building with potential access to CMHC financing. Angus continues to attract new residents due to its affordability, proximity to Barrie and the GTA, and nearby Canadian Forces Base Borden, ensuring a consistent need for both long-term adult residences and rental accommodations. The growing population, rising housing costs in surrounding markets, and limited local supply create favourable conditions for developers to deliver housing that meets current and future demand. A thoughtfully planned 55+ community here would provide independent living with amenities that support wellness, connection, and convenience, while a rental project would address the significant shortfall in available units and offer attractive financing and long-term returns. This property offers flexibility for either vision and positions an investor or developer to benefit from the areas ongoing expansion, making it a unique chance to create a development that aligns with both market demand and future growth. (id:60351)
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Listed by BRUNO PAZ, RIGHT AT HOME REALTY
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Listing represented by BRUNO PAZ, RIGHT AT HOME REALTY · MLS# N12421245
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.