Lakeshore · L2A 1M5
$1,799,900
$91 / sq ft5 months on market
Discover an outstanding development opportunity in a prime location. This property includes Site Plan Approval, to be provided on closing, for a proposed mixed-use project featuring 36 residential units, 2 commercial spaces, and covered ground-level parking.Ideally situated within walking distance to the lake, the Friendship Trail, restaurants, shopping, banks, pharmacies, and other everyday amenities, this site offers both strong lifestyle appeal and excellent future potential.A substantial amount of due diligence and pre-development work has already been completed, including ESA Phase 1 and Phase 2 reports, delineation, archaeological and geotechnical investigations, abatement reports, detailed survey work, topographical studies, servicing engineering, landscape architectural plans, architectural renderings, noise and traffic studies, and civil engineering plans.Zoned CMU1-447, this is a rare turnkey opportunity for developers looking to move forward with confidence.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 88% of comparable vacant land listings in Lakeshore are asking less.
Based on 8 comparable active vacant land listings in Lakeshore. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,799,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.