Welcome to Forest Lawn, a thriving neighborhood with a promising future! This 50 x 125 ft lot, featuring sought-after H-GO zoning, is an exceptional canvas for your next investment project. With building plans available for 5 + 5 units, this property offers incredible potential for a multi-unit development tailored to the growing demand for rental housing in the area.
Situated in a prime location, this lot boasts unbeatable convenience. Residents will enjoy effortless access to public transportation, making commuting a breeze. The property is also just minutes from shopping and all the amenities needed for modern living.
This is a land-value-only sale, and the property is being sold as-is, offering you the opportunity to bring your vision to life. Plus, take advantage of a vendor take-back (VTB) financing option, available with just 20% down, a one-year term, and a 0% interest rate—making this opportunity even more accessible.
Don't miss your chance to invest in one of Forest Lawn's most promising redevelopment opportunities. Contact your favourite Realtor today to explore the possibilities!
Data was last updated January 22, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$525,000
Min list price:
$157,000
Max list price:
$699,900
Avg days on market:
51
Min days on market:
6
Max days on market:
480
Avg price per sq.ft.:
$593
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.