Exceptional Development Opportunity - 801 Walkley Road! Prime 50' x 200' lot offering approximately 10,000 sq. ft. of land with CM2 zoning, now fully in effect with no outstanding appeals. Permitting a maximum building height of 15 metres (approximately 49 feet), with potential for 4 to 5 storeys, the property offers a broad range of residential and mixed-use development opportunities, including ground-floor commercial space with residential units above. Ideally situated within walking distance of Mooney's Bay Beach and the Walkley O-Train Station, providing convenient access to recreation, public transit and everyday amenities. An excellent opportunity for developers and investors looking to capitalize on a well-located property with significant redevelopment potential. Buyers to verify permitted uses, development feasibility and all applicable municipal requirements. (id:28469)
Facts & features
Property
MLS® Number
X14116716
Property Type
Vacant Land
Community Name
4605 - Riverside Park
Amenities Near By
Public Transit
Building
Size Interior
9,950 Sqft
Utility Water
Municipal Water
Land
Acreage
No
Land Amenities
Public Transit
Size Depth
199 Ft ,10 In
Size Frontage
50 Ft ,9 In
Size Irregular
50.79 X 199.86 Ft
Size Total Text
50.79 X 199.86 Ft
Zoning Description
Cm2
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,166/mo
Ontario land transfer tax
$10,775 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.