$299,000
Prime development opportunity in the heart of Fenelon Falls - the "Jewel of the Kawarthas. "This premium 1-acre freehold lot is positioned for maximum upside, with preliminary support for severance into 4 residential lots (approx. 66 ft x 165 ft each). Even greater potential exists with the option to develop up to 7 townhomes (subject to approvals), offering multiple exit strategies and strong ROI potential. Located within the urban boundary, with access to future municipal water and sewer services, this property is zoned R1-H (Residential Type One Holding). Pre-consultation with the City of Kawartha Lakes has already been completed - saving time and reducing upfront risk for developers ready to move forward. Strategically located close to Langton Public School, enhancing long-term end-user demand and resale value. Opportunities like this are limited - secure a large parcel with flexible development potential ina high-demand recreational and residential market. This growing community presents strong long-term investment potential. (id:50976)
Property Details
|
MLS® Number
|
X12998992 |
|
Property Type
|
Vacant Land |
|
Community Name
|
Somerville |
Building
Land
|
Acreage
|
No |
|
Size Depth
|
160 Ft |
|
Size Frontage
|
255 Ft |
|
Size Irregular
|
255 X 160 Ft |
|
Size Total Text
|
255 X 160 Ft|1/2 - 1.99 Acres |
Utilities
|
Cable
|
Available |
|
Electricity
|
Available |
|
Sewer
|
Available |
https://www.realtor.ca/real-estate/29605422/0-rock-street-kawartha-lakes-somerville-somerville
