DEVELOPMENT POTENTIAL South Newton Development Opportunity – Plans Ready for 36-Unit Building Across 2 Lots (One Lot for Sale) This is a rare chance for a small-scale or first-time developer to step into a ready-to-build project with low overhead and high potential. One owner selling a 9,463 sqft lot, but this property comes with plans in place for a 36-unit, 4-storey building that spans this lot and the adjacent one (assembly discussions in progress or opportunity to acquire next door). Located in the South Newton Neighbourhood Concept Plan, the site is already surrounded by established townhouse and multifamily developments — the path is paved. Key Details: Townhouse designation (up to 25 U.P.A.) Plans for 36-unit building covering this lot + adjacent property.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Year built:
1960
(Age: 65)
Living Area:
3,190 sq. ft.296 m2
Building Area - Total:
3,190 sq. ft.296 m2
Levels:
Two
Bedrooms:
5
(Above Grd: 3)
Bathrooms:
4.0
(Full:3/Half:1)
Taxes:
$4,379.59 /
2021
Lot Area:
9,477 sq. ft.880 m2
Lot Frontage:
70'21.3 m
Lot Details:
70 x 135
Outdoor Area:
Balcony
Plan:
NWP21270
Construction Materials:
Frame Wood, Wood Siding
Property Condition:
Renovation Complete
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
819 sq. ft.76.1 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,057 sq. ft.98.2 m2
Floor Area Fin - Total:
3,190 sq. ft.296 m2
Fireplaces:
2
Fireplace Details:
Wood Burning
Patio And Porch Features:
Patio, Deck
Parking Features:
Carport Single, Open, Front Access
Parking:
Carport Single, Open
# Of Carport Spaces:
1.0
Parking Total/Covered:
7 / 1
Balcony, Private Yard
Shopping Nearby
1
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Community, Electricity Connected, Natural Gas Connected
Data was last updated May 23, 2025 at 09:35 AM (UTC)
Area Statistics
Listings on market:
238
Avg list price:
$934,450
Min list price:
$519,900
Max list price:
$3,888,888
Avg days on market:
43
Min days on market:
1
Max days on market:
340
Avg price per sq.ft.:
$560.48
These statistics are generated based on the current listing's property type
and located in
Sullivan Station. Average values are
derived using median calculations.