1468 David Rd - Commercial LAND FOR SALE


Rockland, ON K4K 1K7 44,867 SF
$2,170,000 CAD
877-398-8068
1468 David Rd, Rockland, ON for Sale
$2,170,000 CAD
Commercial LAND - FOR SALE
1/10
44,867 SF

1468 David Rd
Rockland, ON K4K 1K7


OVERVIEW

Build your next multifamily rental project next to the beautiful Rockland Golf Course within a new luxury residential subdivision starting construction Fall of 2024. Zoning is approved for medium density. A concept site-plan illustrates two 18- unit residential buildings (16 two bedroom units & 2 one bedroom units in each building) for a total of 36 units with 16 underground parking spaces per building plus 12 shared surface parking spaces. The new subdivision will have 234 units (100 towns, 122 Apts, & 12 condos). The listing price of $2,070,000 reflects a value of $1,085,000 per building lot being sold as one block. The projected market value of each completed building is greater than $6,950,000 based on the income approach. Roadways, sewer, water, hydro and gas services will be provided to the lot line by the Seller. Includes geotechnical, environmental and traffic studies. File for site-plan and go. Full architect drawings for the proposed 18-unit buildings are available if desired.

FOR SALE DETAILS

PRICE

$2,170,000 CAD

PRICE/ACRE

$2,106,787/AC

PRICE/SF

$48 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.03 AC

LAND SF

44,867 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mitch GauzasKeller Williams Integrity Realty – OttawaMore Info
877-398-8068

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Mitch GauzasKeller Williams Integrity Realty – OttawaMore Info
877-398-8068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.