This vacant land in Clearview offers a 3.03 ac lot. The property has lot dimensions of 3.03. The home features fully air conditioned.
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. (id:60351)
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| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Apr 2, 2026 | Listed For Sale | S12954456 | $1 | — |
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Listed by SHAILESH PATEL, RE/MAX ULTIMATE REALTY INC.
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Listing represented by SHAILESH PATEL, RE/MAX ULTIMATE REALTY INC. · MLS# S12954456
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.