50 × 216 ft (10,910 sq ft)

Overview

This lot in Georgina is for sale.

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Description

An exceptional investment and development opportunity in the heart of Keswick! This substantial residential vacant lot is ideally positioned along The Queensway South, immediately adjacent to Glenwoods Centre, a well-established commercial plaza featuring FreshCo and a variety of retail, dining and service businesses. Surrounded by established residential neighbourhoods and conveniently served by York Region Transit along The Queensway South, the property benefits from excellent exposure in a growing area. The Town's Keswick Secondary Plan identifies The Queensway Corridor as an important focus for future growth, with the Glenwoods area envisioned for continued commercial intensification and infill redevelopment. An exciting opportunity for investors, builders and developers seeking future commercial redevelopment potential, subject to rezoning and all required municipal and regulatory approvals. Buyer to conduct their own due diligence regarding intended use. (id:66096)

Property Details

MLS®: N13671640
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 50 × 216 ft (10,910 sq ft)
Frontage: 51 ft
Property Tax: $1,192/yr
Listed: 83 days ago

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

83d

Georgina (Keswick South) listings, avg age

59d

List price

$500K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Georgina (Keswick South) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · WEI HWA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4P)

This home lists at $500,000, about 4.9× the local median household income of $102,000.

Carrying it typically needs a household income of about $97,668 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $102,000
Population: 29,861
Median age: 40.4
Owner / renter: 80% / 20%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4P)

$500,000

For sale

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Financing

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451 The Queensway South, Georgina (Keswick South) - Vacant Land for Sale