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49 days on Market

12433 DILLON Dr, Tecumseh, Ontario N8N 1C1

Townhouse
-
-
- sqft
$4,995,000
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Townhouse
-
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$21,451/mo

Tax Amount (2024)$14,579/yr

Days On Market49 days


Description

Presenting **Victoria By The Lake**, a remarkable 5.35-acre residential development site located between Dillon Drive and Little River Boulevard. The property comes with **approved plans for a 55-unit residential complex** and a separate **19 single-car garage structure**, ready for immediate construction. All essential documentation, including a **signed development agreement, complete construction drawings, landscape plans,** and more, will be transferred to ensure a seamless, turn-key project. For those seeking additional development potential, the Ontario Provincial Policy and the Tecumseh Official Plan offer significant opportunities to increase density. Appropriate conceptual plans are offered to accommodate a revised plan. For the full listing package and further details, please contact the listing agent directly. This is an exceptional opportunity to capitalize on a well-positioned, ready-to-build project with flexible expansion options.


Property Details

StyleResidential Lots
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number24024585
Community NameTecumseh
Data SourceWESC

Property History

Now
ListedFor Salefor$4,995,000Active
49 days on market
Listing by wesc®
history photo preview5
Now
ListedFor Salefor$6,599,900Active
147 days on market
Listing by wesc®
history photo preview7
Now
ListedFor Salefor$6,599,900Active
209 days on market
Listing by wesc®
history photo preview7
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Property listed by ROYAL LEPAGE BINDER REAL ESTATE - 634, Brokerage
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Population and Demographics

Overview

Total population 25449
Average household income $142,480

Age (%)

50 to 64
23%
65 and plus
22%
0 to 19
22%
35 to 49
18%
20 to 34
15%

Household composition (%)

Single family
77%
Single person
21%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
81%
Others
7%
French
3%
Italian
3%
Arabic
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
90%
Renters
10%

Schools and amenities

Estimated Budget