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.
Data was last updated May 21, 2025 at 10:40 AM (UTC)
Area Statistics
Listings on market:
245
Avg list price:
$929,900
Min list price:
$499,900
Max list price:
$3,888,888
Avg days on market:
43
Min days on market:
1
Max days on market:
338
Avg price per sq.ft.:
$563.08
These statistics are generated based on the current listing's property type
and located in
Sullivan Station. Average values are
derived using median calculations.