$1,999,900

For sale

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4776 MALDEN Road, Windsor - Vacant Land for Sale

4776 MALDEN Road, Windsor, Ontario, N9E3T5

2.80 acres lotListed 29 days ago

Overview

This lot in Windsor is for sale. It has been on the market 29 days, fresher than the Windsor average of 69 days.

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Description

Development opportunity at 4776 Malden Road, Windsor, offering approximately 2.8 acres of privately owned land with potential for 22 single-family residential lots, in addition to an existing home and a potential additional lot fronting Malden Road. The two-bedroom, two-bathroom home features a large garage and Malden Road frontage, currently generating $1,300/month in rental income while future development plans are explored. An existing survey is available. Stage 1 planning consultation was completed in 2024 but has expired; a new consultation is required for future proposals. The home parcel is zoned HRD1.1. Lands west of the home, south of the Oxford Street right-of-way, are zoned DRD1.1. Potential acquisition of adjoining City-owned street/alley lands may provide opportunities for further single-family homes. Survey, ownership summary and City correspondence available. An opportunity for builders and investors to explore future residential development. (id:66096)

Property Details

MLS®: 26024659
Property Type: Vacant Land
Zoning: HRD1.4
Lot Size: 2.80 acres
Price per Acre: $714,250 per acre
Ownership: Freehold
Listed: 29 days ago

Market Timing

Days on market

29d

Windsor listings, avg age

69d

List price

$2.00M

Haho

This vacant land in Windsor has been listed for 29 days, which is 40 days fresher than the city average of 69. Act while there is still low competition.

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Listed by REALTY ONE GROUP ICONIC BROKERAGE · CRISTINA GAZO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N9E)

This home lists at $1,999,900, about 19.4× the local median household income of $103,000.

Carrying it typically needs a household income of about $390,650 (20% down, 25-yr amortization, stress-tested) — roughly 279% above the area median.

Median household income: $103,000
Population: 21,465
Median age: 42.4
Owner / renter: 88% / 12%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N9E)

$1,999,900

For sale

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Financing

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