This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

965 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

1468 David Rd

1.03 Acres of Commercial Land Offered at $2,170,000 CAD in Rockland, ON K4K 1K7

Commercial Land Ontario Rockland 1468 David Rd, Rockland, ON K4K 1K7

Executive Summary

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.

Attachments

18 unit apartment building pro forma (single building)

Property Facts

Price $2,170,000 CAD Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use Multifamily
No. Lots 1 Total Lot Size 1.03 AC
Property Type Land
Price $2,170,000 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 1.03 AC

1 Lot Available

Lot

Price $2,170,000 CAD Lot Size 1.03 AC
Price Per AC $2,106,796 CAD
Price $2,170,000 CAD
Price Per AC $2,106,796 CAD
Lot Size 1.03 AC

Zoning approved for low-rise multifamily up to 36 units within two buildings of 18 units each.

Description

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 $6,000,000 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.

1 of 1

zoning

Zoning Code R3 (R3 allows for low-rise multifamily. This site will permit two buildings of 18 units each.)
R3 (R3 allows for low-rise multifamily. This site will permit two buildings of 18 units each.)
  • Mitch Gauzas
    Mitch Gauzas
  • Keller Williams Integrity Realty – Ottawa
(877) 398-8068

  • Listing ID: 31815391

  • Date on Market: 2024-05-15

  • Last Updated:

  • Address: 1468 David Rd, Rockland, ON K4K 1K7

1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/11
1468 David Rd, Rockland, ON for sale Primary Photo- Image 1 of 11
DJI_0008
1468 David Rd, Rockland, ON for sale Building Photo- Image 2 of 11
Block 1 Golf Ridge Rendering
1468 David Rd, Rockland, ON for sale Building Photo- Image 3 of 11
Draft Plan of Subdivision
1468 David Rd, Rockland, ON for sale Building Photo- Image 4 of 11
David St Side Elevation
1468 David Rd, Rockland, ON for sale Building Photo- Image 5 of 11
David St Front Elevation
1468 David Rd, Rockland, ON for sale Building Photo- Image 6 of 11
DJI_0009
1468 David Rd, Rockland, ON for sale Building Photo- Image 7 of 11
DJI_0011
1468 David Rd, Rockland, ON for sale Building Photo- Image 8 of 11
DJI_0012
1468 David Rd, Rockland, ON for sale Building Photo- Image 9 of 11
DJI_0015
1468 David Rd, Rockland, ON for sale Building Photo- Image 10 of 11
DJI_0014

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

1468 David Rd
(877) 398-8068 x

1468 David Rd

Mitch Gauzas

(877) 398-8068

(877) 398-8068

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link