$740,000Asking Price
Rare development opportunity with municipal approvals in place. The property is zoned R3-13 Residential and has received planning approval for the development of up to 10 residential units (two-bedroom units).Ideally located in the heart of Elmvale, within close proximity to schools, retail amenities, and community services. The property benefits from full municipal services, including water, sewer, hydro, and road access. Lot size is approximately 13,000 sq ft. A great opportunity for builders and investors to proceed with a development project while saving significant time on the planning and approval process. Buyer to verify all information, zoning, and approvals.
Rare development opportunity with municipal approvals in place. The property is zoned R3-13 Residential and has received planning approval for the development of up to 10 residential units (two-bedroom units).Ideally located in the heart of Elmvale, within close proximity to schools, retail amenities, and community services. The property benefits from full municipal services, including water, sewer, hydro, and road access. Lot size is approximately 13,000 sq ft. A great opportunity for builders and investors to proceed with a development project while saving significant time on the planning and approval process. Buyer to verify all information, zoning, and approvals.
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Elmvale, Springwater is a north GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of adults aged 30 to 39 and 30 to 39 and seniors aged 65 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
42%
of residents are
single and loving it.
42% singles
Springwater (35%)
28%
of residents
are renters.
28% renters
Springwater (10%)
15%
of residents are
university grads.
15% university grads
Springwater (27%)Average Household Income
$92K
is the average household
income in the neighbourhood.
Professions
| Trades | 13% |
| Sales | 11% |
| Management | 9% |
| Business | 9% |
| Government | 8% |
7%
of residents were
born outside of Canada.
7% immigrants
Springwater (8%)2.0% from UK
All-time
0.1% from UK
Recent
Foreign Languages
| French | 2% |
| German | 1% |
Religions
| Christian | 75% |