Uncover a high-potential development site in a prime lakeside location. This 9728sqr ft parcel offers immediate flexibility a multi family project.
The Opportunity:
Flexible Zoning: Current zoning allows for multifamily development or a commercial/residential mix (commercial on main, living quarters above).
Expansion Potential: The adjacent double-lot property is also available, providing the rare chance to assemble a large 5-lot consolidated site just blocks from the water.
Revenue While You Plan: The existing 3-bedroom structure has been freshened with new flooring and paint, making it a turnkey holding property. It is perfectly suited for a short-term rental (Airbnb) or long-term lease to offset carrying costs during the permitting and design phase.
The Site:
Lot Size: 75 ft x 130 ft total.
Servicing: Double detached garage already on site.
Location: High-visibility/high-demand area within walking distance to the lake.
This is a land-value play with the added benefit of a functional, move-in-ready building to bridge the gap to construction.
Data was last updated March 8, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$349,900
Min list price:
$210,000
Max list price:
$679,990
Avg days on market:
50
Min days on market:
10
Max days on market:
194
Avg price per sq.ft.:
$323.08
These statistics are generated based on the current listing's property type
and located in
Downtown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.