Rare Development Opportunity! Half-Acre Lot with Adjoining Property & Approved Townhouse Project. This is a prime opportunity for investors, developers, and builders in a great location. Situated on a spacious half-acre lot, this property offers incredible potential, not only as a custom build site or investment hold, but as part of a larger development vision. What makes this opportunity truly unique is that the lot adjoins a neighbouring property that is also available for sale, creating the potential to secure a full acre or more. Even more compelling: the adjacent properties are part of an approved upcoming townhouse development, adding momentum and value to the surrounding area. Whether you're envisioning expanded lot coverage, a multi-family build, or a future residential project, this land offers the flexibility and positioning to bring your vision to life. Located close to schools, amenities, and major commuter routes, this site is perfectly situated for long-term growth and development. Opportunities like this, land with scale, potential, and proximity to approved developments, are rare. Don’t miss your chance to build or invest with confidence.
Property Type:
Residential
Property SubType:
Single Family Residence
Year built:
1950
(Age: 76)
Listing General Location:
30 - Elgin Park/Coronation, 13 - Galt North
Bedrooms:
2
Bathrooms:
2.0
(Full:2/Half:0)
Lot Size:
21,127 sq. ft.1,963 m2
Lot Details:
85.73 x
Lot Frontage:
85'8¾"26.1 m
Frontage Type:
North
Lot Shape:
93.17ft x 218.54ft x 85.73ft x 258.85ft x24.45ft
Kitchens:
1
Home Style:
Bungalow
County Or Parish:
Waterloo
Property Attached:
Detached
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Construction:
Vinyl Siding
Basement:
Full, Finished
Linked Foundation:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Shing
Number of Buildings:
0
Total Floor Area:
891 sq. ft.82.8 m2
# Main Level Bedrooms:
2
# Main Level Bathrooms:
1
Finished Area Above Grade:
891 sq. ft.82.8 m2
Fireplace:
false
Laundry Features:
In Basement
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air, Natural Gas
Dryer,Refrigerator,Stove,Washer
Water Heater Owned, Dryer, Refrigerator, Stove, Washer
Deck
false
No
FRANKLIN BLVD & ATHONE RD
No
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Condo Corporation:
No
Zoning:
R3
Total Acres:
0.485
Lot Site Features:
Urban, Irregular Lot, Public Transit, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE and RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
Data was last updated September 2, 2026 at 11:50 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$639,900
Min list price:
$315,000
Max list price:
$1,399,900
Avg days on market:
48
Min days on market:
4
Max days on market:
118
Avg price per sq.ft.:
$362.73
These statistics are generated based on the current listing's property type
and located in
30 - Elgin Park/Coronation. Average values are
derived using median calculations. This data is not produced by
the MLS® system.