Prime Development Opportunity in Residential Infill (R-I) Zone! This 7,500 sq ft (approx. 696.77 m²) lot exceeds the minimum requirement of 280 m², allowing for multi-unit residential development up to four dwelling units! This flat, centrally located lot is ready for your vision, with existing structures valued as Land Only - Tear Down. Zoning Highlights: Density: Permitted for up to four dwelling units based on lot size. Lot Coverage: Maximum building coverage of 50% (approx. 3,750 sq ft). Up to 70% (approx. 5,250 sq ft) for impermeable surfaces, ideal for driveways and patios. Yard Setbacks: Front Yard: Minimum 4.0 meters (~13.1 ft). Rear Yard: Minimum 3.0 meters (~9.8 ft) or 1.5 meters if adjacent to a lane. Side Yards: Minimum 1.2 meters (~3.9 ft); 3.5 meters if adjoining a road. Building Height: Maximum of 7.0 meters (2 stories) if 3.0 meters from the rear line. Up to 10.0 meters (3 stories) if set back 5.0 meters from the rear. Located just minutes from the ocean, close to all schools, and nearby amenities, this lot offers a rare opportunity in a desirable neighborhood to build new and make your vision a reality. Don't miss this chance! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Features
Central location, Level lot, Other, Marine Oriented
Listing Contract Date
2024-10-31
Municipal ID
000-165-514
Ownership Type
Freehold
# of Parking Spaces
4
Plan
VIP7730
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R-1 Infill
Zoning
Residential
Building
Heating Type
Baseboard heaters
Parking Spaces
Name
Spaces
Stall
Land
Total Size
7500 square feet
Size of Irregular Land
7500
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
