4.7 ACRES - 16 LOT SUBDIVISION WITH PLANNING APPROVAL
4.7 ACRES - 16 LOT SUBDIVISION WITH PLANNING APPROVAL
4.7 ACRES - 16 LOT SUBDIVISION WITH PLANNING APPROVAL
4.7 ACRES - 16 LOT SUBDIVISION WITH PLANNING APPROVAL
4.7 ACRES - 16 LOT SUBDIVISION WITH PLANNING APPROVAL
CI$ 850,000 MLS #421112
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About the Property

Calling all developers and investors! This is an exceptional opportunity to acquire 4.702 acres of high and dry land with planning approval already in place for a 16-lot subdivision. Each proposed lot is over 10,000 sq. ft., offering plenty of flexibility for a quality residential development. Whether you're looking to create a private residential community, build homes for resale, or simply subdivide and sell the individual lots, this property gives you the flexibility to choose the strategy that best suits your investment goals. With the planning approval already in place, this is an ideal project for a developer looking for a substantial land opportunity with multiple potential exit strategies. The possibilities are endless — secure the land, bring your vision to life, and capitalize on this exciting development opportunity.

Property Details

Basic Info

  • Width
    485
  • Depth
    491
  • Acres
    4.70

Location & Neighbourhood

East End
Location
  • East End

    A true gem for nature lovers, East End is renowned for its unspoiled landscapes and serene, laid-back vibe. This district is a haven for those seeking an escape from the bustling tourist areas, offering serene beaches and rich marine life.
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Your Monthly Mortgage Payment

Mortgage amount $7,040,000
Deposit $1,760,000
$51,657

Estimate monthly payment

$880,000

Estimate Closing Costs

*This is a general estimate based on a fixed interest rate and does not account for mortgage insurance or other potential costs. For precise figures, we recommend speaking directly with your mortgage provider.

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