Excellent redevelopment opportunity! This property comes with an existing 2-storey home featuring 5 bedrooms, 3 bathrooms, and a finished basement. A PLA has already been issued for two lots, offering a clear path toward future subdivision. The property includes two good-sized future lots along with the existing 2-storey house. Longer closing date options are available to accommodate your planning and development timeline. Under SSMUH (Small-Scale Multi-Unit Housing) regulations, the property also offers potential for future higher-density redevelopment, subject to applicable zoning, approvals, and municipal requirements. A great opportunity for investors, builders, and developers looking for both immediate value and long-term redevelopment potential.
Data was last updated October 2, 2026 at 09:35 PM (UTC)
Area Statistics
Listings on market:
78
Avg list price:
$1,324,900
Min list price:
$338,000
Max list price:
$3,599,000
Avg days on market:
91
Min days on market:
3
Max days on market:
410
Avg price per sq.ft.:
$504.53
These statistics are generated based on the current listing's property type
and located in
Cedar Hills. Average values are
derived using median calculations. This data is not produced by
the MLS® system.