1465 David Street Rockland, Ontario K4K 1K7



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. (id:37072)

Property Details

MLS® Number 1391936
Property Type Vacant Land



AccessType Road Access
Acreage Yes
SizeDepth 140 Ft ,2 In
SizeFrontage 321 Ft ,3 In
SizeIrregular 1.03
SizeTotal 1.03 Ac
SizeTotalText 1.03 Ac
ZoningDescription R3 - Multifamily



Contact us for more information

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Mitch Gauzas

Keller Williams Integrity Realty
2148 Carling Ave., Units 5 & 6
Ottawa, Ontario K2A 1H1

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