For Sale as a Package
Four vacant residential lots located within approximately 2 minutes of each other in Sundridge, Ontario. Ideal for a builder or investor looking to develop rental housing with minimal site constraints.
Key Features
• Each lot has a minimum 100’ frontage
• One corner lot situated directly across from the village park and basketball court
• Each lot supports a duplex as-of-right
→ potential for up to 8 rental units total
• Newly adopted Official Plan also
opens the door to townhomes or seniors’ residences (subject to approvals)
• Municipal sewer connections already available at each property
• Clean, shovel-ready sites with strong development potential
Development Opportunity
• Local 2-bedroom rents currently approximately $2,000/month
• Estimated $4,000/month gross per duplex ($48,000/year)
• Combined potential across four duplexes: ~$192,000 in gross annual rental revenue
This is a straightforward package of four residential lots offering a repeatable duplex (or higher-density) model in a growing small-town market with existing municipal servicing.
Serious inquiries from builders, developers, and investors welcome.
Price: $700,000 HST
49 Year Lease option available at $1700 per month for all four lots.
For full property details, site information, and pricing, contact:
Nick
[email protected]
