$899,000 Sale

Listed 23 days ago

683 Preston Parkway

MLS® 40866904 Residential

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$3,411/mo

Property Taxes

$9,353/yr

Key Facts

Key facts for 683 Preston Parkway

Property Type

Lots/Land

Parking

MLS #

40866904

Size

Basement

Listed on

2026-09-29

Lot size

Tax

$9,353 /yr

Days on Market

Year Built

Maintenance Fee

Description

An exceptional opportunity to acquire approximately 1.105 acres of strategically located development land along King Street East, surrounded by established residential communities and an extensive range of schools, parks, shopping, transit, services, and everyday amenities. The property is currently... zoned R2 – Medium-High Density Residential, offering the potential for a range of multiple-unit residential uses. The R2 zoning adds significant appeal for builders, developers, and investors seeking land with residential development potential. With approximately 1.105 acres of land, the property provides a variety of future residential concepts, subject to applicable zoning provisions, municipal requirements and all required approvals. Its location along King Street East provides convenient connectivity while placing future residents within close proximity to schools, parks, public transit, shopping, restaurants and other essential amenities. The combination of substantial land area, R2 Medium-High Density Residential zoning, established surrounding neighbourhoods, and convenient access to major amenities makes this an opportunity to investigate the possibilities for future residential development. Whether you are a builder looking for your next project, a developer seeking a strategically positioned residential parcel or an investor exploring long-term development potential, this property offers an opportunity to secure a sizeable development site in an established and desirable location. Development potential is subject to municipal approvals, zoning compliance, permitted-use requirements, site plan approval, servicing and infrastructure capacity, environmental and technical requirements, and all other applicable approvals and regulations. A rare opportunity to acquire and explore the potential for future residential development in a well-established and highly connected area., Directions:, Exclusions:

Full Property Details

Interior

Washrooms

Kitchens

Fireplace

Washrooms

Kitchens

Fireplace

Exterior

Acreage

1.70

Lot Size

74052.00 acres

Lot Dimensions

113.27 x

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Acreage

1.70

Lot Size

74052.00 acres

Lot Dimensions

113.27 x

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Building Description

Property Type

Residential

Home Type

Lots/Land

Subtype

Residential

Sewers

None

Water Supply

None

New Construction

Common Interest

Freehold/None

Property Type

Residential

Home Type

Lots/Land

Subtype

Residential

Sewers

None

Water Supply

None

New Construction

Common Interest

Freehold/None

Community

53 - Preston South

Community

53 - Preston South

Taxes & Fees

Taxes

$9,353 /yr

Taxes

$9,353 /yr

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Sylvia Eckert

Email: [email protected] Cell: 2268082734