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2 SqFt
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2 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2
Square Footage 2 sqft
Price per Sqft $4,000,000
Subdivision Erin
MLS® Listing ID X13558268
Lot Size 2.500 Acres
Acres 2.5
Property Description
Shovel-Ready residential development opportunity in the Heart of Erin. An exceptional opportunity to acquire a fully approved 2.5 acre residential infill development in one of Ontario's fastest-growing communities. Kensington Estates is 70-unit stacked back-to-back townhouse project with municipal approvals and development credits in place, allowing a purchaser to move directly toward construction. The thoughtfully designed community features four street frontages on Main Street, English Street, Daniel Street and Scotch Street providing excellent visibility access and architectural flexibility. The approved concept includes spacious slab-on-grade townhomes ranging from approximately 1,500 to 1,800 square feet. Slab construction eliminates basement excavation, helping reduce construction timelines and costs while providing highly desirable layouts with oversized garages. Twenty-seven residences have been designed with private elevators, creating a unique product that appeals to downsizers, professionals, families and buyers seeking accessible living. The site is level, cleared and secured, with full municipal services coming soon. Located within walking distance of downtown Erin's Shops, restaurants parks, trails, schools, new library and community amenities, the development offers the lifestyle today's buyers are seeking while remaining within community distance of the GTA via nearby GO Transit connections. Surrounded by established residential neighborhoods and directly across from the Erin agricultural Society grounds, Kensington Estates is ideally positioned to meet the growing demand for quality housing in this thriving community. With very few comparable shovel-ready development opportunities available in the region, this is a rare chance for builders and investors to capitalize on a approved project and accelerate their development timeline. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by RE/MAX REAL ESTATE CENTRE INC.
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